Budget Concept Was First Introduced in USA in 1964

question 7

Multiple Choice

................... budget concept was first introduced in USA in 1964.

• A)zero-base
• B)no zero-base
• C)surplus base
• D)none of these

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Definitions:

Party Platform

A formal set of principle goals which are supported by a political party or individual candidate, in order to appeal to the general public during a campaign.

Populist Movement

A political approach that strives to appeal to ordinary people who feel that their concerns are disregarded by established elite groups.

Small Farmers

Individuals or businesses that operate smaller plots of land, typically producing agricultural goods on a scale smaller than commercial farms.

Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, eroding purchasing power.