Home > Terms > Armenian (HY) > հավասարկշռված բյուջե

հավասարկշռված բյուջե

When total public-sector spending equals total government income during the same period from taxes and charges for public services. Politicians in some countries, such as the United States, have argued that government should be required to run a balanced budget in order to have sound public finances. However, there is no economic reason why public borrowing need necessarily be bad. For instance, if the debt is used to invest in things that will increase the growth rate of the economy--infrastructure, say, or education--it may be justified. It may also make more economic sense to try to balance the budget on average over an entire economic cycle, with public-sector deficits boosting the economy during recession and surpluses stopping it overheating during booms, than to balance it every year.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Isanyan
  • 0

    Terms

  • 0

    Blossaries

  • 5

    Followers

Industry/Domain: Fashion Category: Brands & labels

Վիկտորիաս Սիքրեթ

A US retailer of premium quality women's fashion wear, lingerie and beauty products. Victoria's Secret is known for its annual fashion runway show, ...

Featured blossaries

Mobile phone

Category: Technology   1 8 Terms

Joiner Hardware in Relation to Timber Doors and Windows

Category: Other   1 1 Terms