The main objectives of Government Budget are Redistribution of Income and Wealth, Economic stability, and Increase in Gross Domestic Product.
Deficit Budget is not an objective of Government Budget. The primary objectives of a Government Budget include Redistribution of Income and Wealth, Economic stability, and Increase in Gross Domestic Product. A Deficit Budget occurs when government expenditures exceed revenues, which can impact the economy differently than the aforementioned objectives.
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