Each category of expenditure is assigned a category and all costs for that type are accounted for

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Each category of expenditure is assigned a category and all costs for that type are accounted for in that area, describes what kind of budget?

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Macroeconomics

ISBN: 9781464110375

4th Edition

Authors: Paul Krugman, Robin Wells

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Posted Date: Feb 28, 2024 11:56 PM

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Each category of expenditure is assigned a category and all costs for that type are accounted for

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Expert Answer:

The type of budget you described is a categorical budget In a categorical budget all expenses are gr... View the full answer

Macroeconomics

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