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A budget surplus results when the goverment collects more money than it spends.
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∙ 9y ago
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When did the first federal budget surplus in three decades occur?
in 1998 the United States achieved its first federal budget surplus
What can the government do when it a budget surplus?
Pay back bondholders
When the government runs a budget deficit what must it eventually do in order to pay back its debt?
Have a budget surplus
Explain why an economic boom may result in a budget surplus?
In general, booms produce more revenue and require fewer expenditures for items such as welfare, unemployment insurance, etc.
How is surplus created?
A budget surplus occurs when a person receives more money than they were planning to spend. The surplus could be saved, invested or put towards a larger purchase.
When the government runs a budget deficit what must in eventually do in order to pay back its debt?
have a budget surplus
Can you make a sentence with Budget surplus?
The government could invest now because of the budget surplus that they had.
When revenues exceed expenditures, _____.?
there is a surplus or profit.
What is surplus budget?
A surplus budget is a year in which more money is taken in than is spent. This situation is very unusual in recent years, but did occur a couple of times in the 1990s.
Which year Pakistan budget is surplus?
1969, 1998, 1999, 2000, and finally 2001 these five years had budget surplus for Pakistan
When did the first federal budget surplus in three decades occur?
in 1998 the United States achieved its first federal budget surplus
Was there a budget surplus under Andrew Jackson?
Yes, Andrew Jackson was able to achieve a budget surplus during his presidency. This surplus was a result of his policies such as reducing government spending and eliminating the national debt. However, the surplus was short-lived and eventually led to an economic recession.
When revenue exceeds expenditures?
there is a budget surplus
What are the kinds of budget included in strategic plan?
Budget deficit, surplus, and balanced.
Did president bush inherit a budget surplus fron president Clinton?
When Bill Clinton left office it was believed that he left with a budget surplus. It has since been reported that there was no actual surplus; it was all "on paper."
Since 1965 the federal budget?
Has shown a budget surplus for only two years
What was the budget situation of the federal government at the end of the twentieth century?
C. there was a budget surplus
