What is a Balanced budget ?
A government budget surplus that is zero, thus with net tax revenue equaling expenditure. A balanced budget change in policy or behavior is one in which a component of the government budget, usually taxes, is adjusted as necessary to maintain a balanced budget.
What is balanced growth of an Economy?
Growth of an economy in which all aspects of it, especially factors of production, grow at the same rate.
A government budget surplus that is zero, thus with net tax revenue equaling expenditure. A balanced budget change in policy or behavior is one in which a component of the government budget, usually taxes, is adjusted as necessary to maintain a balanced budget.
What is balanced growth of an Economy?
Growth of an economy in which all aspects of it, especially factors of production, grow at the same rate.
