Examlex
Which of the following is NOT a component of the financial budget?
Per Capita
A statistical measure that divides an aggregate by the number of individuals in the population, often used to express averages.
Equilibrium Price
The price at which the quantity of a good or service demanded equals the quantity supplied, leading to a state of market balance.
Equilibrium Quantity
The quantity of goods or services demanded equals the quantity supplied at the market price, resulting in market equilibrium.
Excise Tax
A tax levied on the sale of specific goods and services, such as tobacco, alcohol, and fuel.
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