Annual Budget

Selling off assets

Extend credit period with suppliers

Overdraft arrangement

Bonus issue of shares

Production

Budget

Contribution

Sales

Individuals hold money just in case an emergency happens

Individuals hold money to buy things

Individuals hold money rather than other assets because they are worried about the price of the other assets falling

Individuals hold money to shop

5 years

6 years

7 years

None of these

Decrease consumption

Increase aggregate demand

Reduce aggregate supply

Slow economic growth

1st September

1st January

1st April

1st July

A budget prepared from first principles

The variable elements of a budget, excluding fixed costs

A budget that is based on the previous year, adjusted for known changes

A budget that breaks even

May cause an outward shift in the demand for the currency

May cause an inward shift in the supply for the currency

May lead to a movement along the demand curve for the currency

May be due to a increase in demand for the country’s exports

Money value of goods and services produced in a country during a year

Money value of stocks and shares of a country during a year

Money value of capital goods produced by a country during a year

Money value of consumer goods produced by a country during a year

Parliament

Congress

President

None of these