1. Advantages of Budget Deficit? Increase in GDP growth stimulate private sector investment help prevent an economy falling into a deflationary depression Increased spending on capital projects Disadvantages of the Budget deficit Deficit adds to the national debt higher Interest rate It becomes causesRead more

    Advantages of Budget Deficit?

    • Increase in GDP growth
    • stimulate private sector investment
    • help prevent an economy falling into a deflationary depression
    • Increased spending on capital projects

    Disadvantages of the Budget deficit

    • Deficit adds to the national debt
    • higher Interest rate
    • It becomes causes for inflation
    See less
    • 0
  2. budget deficit affect the economy It helps in Creation Job in the economy. To Boosts Economic growth. Reduce the taxes Poltical Reasons. 

    budget deficit affect the economy

    • It helps in Creation Job in the economy.
    • To Boosts Economic growth.
    • Reduce the taxes
    • Poltical Reasons. 
    See less
    • 0
  3. Causes of Budget Deficit Expected higher Future Taxation. to Create Job in the economy.- creation gives more people money to spend. To Boosts Economic growth. In the pandemic situation when government earning is low. Recovery from the Financial crisis. Due to the revenue deficit.  

    Causes of Budget Deficit

    • Expected higher Future Taxation.
    • to Create Job in the economy.- creation gives more people money to spend.
    • To Boosts Economic growth.
    • In the pandemic situation when government earning is low.
    • Recovery from the Financial crisis.
    • Due to the revenue deficit.

     

    See less
    • 0
  4. When the government is in the budget deficit. at that time government borrow money from various sources. The government wants to spend more money in economy than its income for the more development of the economy and to generate more employment. But in the end, the government needs to pay interest tRead more

    When the government is in the budget deficit. at that time government borrow money from various sources.

    The government wants to spend more money in economy than its income for the more development of the economy and to generate more employment.

    But in the end, the government needs to pay interest to the borrowed amount.

    So, It creates short term of employment

    If the government does this every year then it is bad for the economy and employment.

     

    See less
    • 0
  5. The fiscal deficit means the difference between total revenue and total expenditure of the government. the fiscal deficit takes place when the government wants to spend more than it is earning. The government spends its money on the development of a country for example- building a road, bridge, or oRead more

    The fiscal deficit means the difference between total revenue and total expenditure of the government.

    the fiscal deficit takes place when the government wants to spend more than it is earning.

    1. The government spends its money on the development of a country for example- building a road, bridge, or
    2. on public benefit schemes, for example, old age pension, scholarship to students, Subsidies.

    Government revenue comes from the collection of taxes (GST), Direct tax(Income tax, personal income tax, and corporate tax), penalty.

    See less
    • 0
  6. Objectives of Production Management Production in Right Quantity Ensure safe and economical production process Minimization of Production Time Production of Right Quality minimize labor turnover Planning and Control of Materials Analyze the Market Optimum Utilisation of Resources.

    Objectives of Production Management

    1. Production in Right Quantity
    2. Ensure safe and economical production process
    3. Minimization of Production Time
    4. Production of Right Quality
    5. minimize labor turnover
    6. Planning and Control of Materials
    7. Analyze the Market
    8. Optimum Utilisation of Resources.
    See less
    • 0