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The government is urged by some to refrain from increasing the deficit. While it is right to be concerned with the consequences, the correct approach would be to aim to balance the budget over the growth cycle. That is, the deficit may be increased as the economy slows and contracted as the economy quickens. To object to an increase in the deficit irrespective of the state of the economy is to be dogmatic. Since 2014 the government has focussed aggressively on the supply side by making it easier for private firms to produce. But we are now facing a demand shortage in the economy. The immediate thing to do is to expand public investment in infrastructure.Q.The keynote that seems to be emerging from the passage is thata)Lack of public investment in infrastructure is the root cause of most economic problems.b)Controlling budget deficit is not the best approach during economic slowdown.c)Demand Shortage in economy makes budget making process difficult.d)Government should not increase the budget deficit irrespective of conditions.Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The government is urged by some to refrain from increasing the deficit. While it is right to be concerned with the consequences, the correct approach would be to aim to balance the budget over the growth cycle. That is, the deficit may be increased as the economy slows and contracted as the economy quickens. To object to an increase in the deficit irrespective of the state of the economy is to be dogmatic. Since 2014 the government has focussed aggressively on the supply side by making it easier for private firms to produce. But we are now facing a demand shortage in the economy. The immediate thing to do is to expand public investment in infrastructure.Q.The keynote that seems to be emerging from the passage is thata)Lack of public investment in infrastructure is the root cause of most economic problems.b)Controlling budget deficit is not the best approach during economic slowdown.c)Demand Shortage in economy makes budget making process difficult.d)Government should not increase the budget deficit irrespective of conditions.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The government is urged by some to refrain from increasing the deficit. While it is right to be concerned with the consequences, the correct approach would be to aim to balance the budget over the growth cycle. That is, the deficit may be increased as the economy slows and contracted as the economy quickens. To object to an increase in the deficit irrespective of the state of the economy is to be dogmatic. Since 2014 the government has focussed aggressively on the supply side by making it easier for private firms to produce. But we are now facing a demand shortage in the economy. The immediate thing to do is to expand public investment in infrastructure.Q.The keynote that seems to be emerging from the passage is thata)Lack of public investment in infrastructure is the root cause of most economic problems.b)Controlling budget deficit is not the best approach during economic slowdown.c)Demand Shortage in economy makes budget making process difficult.d)Government should not increase the budget deficit irrespective of conditions.Correct answer is option 'B'. Can you explain this answer?.

Solutions for The government is urged by some to refrain from increasing the deficit. While it is right to be concerned with the consequences, the correct approach would be to aim to balance the budget over the growth cycle. That is, the deficit may be increased as the economy slows and contracted as the economy quickens. To object to an increase in the deficit irrespective of the state of the economy is to be dogmatic. Since 2014 the government has focussed aggressively on the supply side by making it easier for private firms to produce. But we are now facing a demand shortage in the economy. The immediate thing to do is to expand public investment in infrastructure.Q.The keynote that seems to be emerging from the passage is thata)Lack of public investment in infrastructure is the root cause of most economic problems.b)Controlling budget deficit is not the best approach during economic slowdown.c)Demand Shortage in economy makes budget making process difficult.d)Government should not increase the budget deficit irrespective of conditions.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of The government is urged by some to refrain from increasing the deficit. While it is right to be concerned with the consequences, the correct approach would be to aim to balance the budget over the growth cycle. That is, the deficit may be increased as the economy slows and contracted as the economy quickens. To object to an increase in the deficit irrespective of the state of the economy is to be dogmatic. Since 2014 the government has focussed aggressively on the supply side by making it easier for private firms to produce. But we are now facing a demand shortage in the economy. The immediate thing to do is to expand public investment in infrastructure.Q.The keynote that seems to be emerging from the passage is thata)Lack of public investment in infrastructure is the root cause of most economic problems.b)Controlling budget deficit is not the best approach during economic slowdown.c)Demand Shortage in economy makes budget making process difficult.d)Government should not increase the budget deficit irrespective of conditions.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The government is urged by some to refrain from increasing the deficit. While it is right to be concerned with the consequences, the correct approach would be to aim to balance the budget over the growth cycle. That is, the deficit may be increased as the economy slows and contracted as the economy quickens. To object to an increase in the deficit irrespective of the state of the economy is to be dogmatic. Since 2014 the government has focussed aggressively on the supply side by making it easier for private firms to produce. But we are now facing a demand shortage in the economy. The immediate thing to do is to expand public investment in infrastructure.Q.The keynote that seems to be emerging from the passage is thata)Lack of public investment in infrastructure is the root cause of most economic problems.b)Controlling budget deficit is not the best approach during economic slowdown.c)Demand Shortage in economy makes budget making process difficult.d)Government should not increase the budget deficit irrespective of conditions.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for The government is urged by some to refrain from increasing the deficit. While it is right to be concerned with the consequences, the correct approach would be to aim to balance the budget over the growth cycle. That is, the deficit may be increased as the economy slows and contracted as the economy quickens. To object to an increase in the deficit irrespective of the state of the economy is to be dogmatic. Since 2014 the government has focussed aggressively on the supply side by making it easier for private firms to produce. But we are now facing a demand shortage in the economy. The immediate thing to do is to expand public investment in infrastructure.Q.The keynote that seems to be emerging from the passage is thata)Lack of public investment in infrastructure is the root cause of most economic problems.b)Controlling budget deficit is not the best approach during economic slowdown.c)Demand Shortage in economy makes budget making process difficult.d)Government should not increase the budget deficit irrespective of conditions.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of The government is urged by some to refrain from increasing the deficit. While it is right to be concerned with the consequences, the correct approach would be to aim to balance the budget over the growth cycle. That is, the deficit may be increased as the economy slows and contracted as the economy quickens. To object to an increase in the deficit irrespective of the state of the economy is to be dogmatic. Since 2014 the government has focussed aggressively on the supply side by making it easier for private firms to produce. But we are now facing a demand shortage in the economy. The immediate thing to do is to expand public investment in infrastructure.Q.The keynote that seems to be emerging from the passage is thata)Lack of public investment in infrastructure is the root cause of most economic problems.b)Controlling budget deficit is not the best approach during economic slowdown.c)Demand Shortage in economy makes budget making process difficult.d)Government should not increase the budget deficit irrespective of conditions.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The government is urged by some to refrain from increasing the deficit. While it is right to be concerned with the consequences, the correct approach would be to aim to balance the budget over the growth cycle. That is, the deficit may be increased as the economy slows and contracted as the economy quickens. To object to an increase in the deficit irrespective of the state of the economy is to be dogmatic. Since 2014 the government has focussed aggressively on the supply side by making it easier for private firms to produce. But we are now facing a demand shortage in the economy. The immediate thing to do is to expand public investment in infrastructure.Q.The keynote that seems to be emerging from the passage is thata)Lack of public investment in infrastructure is the root cause of most economic problems.b)Controlling budget deficit is not the best approach during economic slowdown.c)Demand Shortage in economy makes budget making process difficult.d)Government should not increase the budget deficit irrespective of conditions.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.