Economics · Government Budget and the Economy
The budget of any government is defined as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1a biennial statement of the estimated receipts and expenditure of the government over the last two fiscal years
- 2a weekly statement of the estimated receipts and expenditure of the government over the last week
- 3a monthly statement of the estimated receipts and expenditure of the government over the last month
- 4an annual statement of the estimated receipts and expenditure of the government over the fiscal year✓
Correct answer
an annual statement of the estimated receipts and expenditure of the government over the fiscal year
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