Economic growth means increasing per capita income over a period of time. Economic growth objective of the government budget depends on:
  1. Profit maximisation.
  2. Rate of savings and investment.
  3. Fair distribution of income.
  4. Removal of poverty.
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  1. Rate of savings and investment.
Explanation:
Growth rate of a country depends on the rate of savings and investment. Budgetary policy creates conditions conductive for increase in savings and investment.
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