answersLogoWhite

0


Best Answer

yes it exceeds.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Does deficit occur when expenditures exceed revenues?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do net exports help determine the nation's income?

When imports exceed exports, a trade deficit can occur


What must occur in order for an entrepreneur to earn a profit?

The amount of revenue the entrepreneur earns must exceed expenditures......enjoy Study island people


What is true about government balance in the macroeconomic balance equation?

Which of the following is true about government balance in the macroeconomic balance equation? a. Government balance can occur in the presence with inflation. b. Government balance is the difference between taxes (revenues) and expenditures. c. In transition economies, pressures on T and G resulted in a budget deficit. d. b and c are correct. e. a, b, and c are correct.


When does deficit spending occur?

Anytime you spend more than you are making or collecting, you are in deficit.


Which of these would most likeley to occur if the governments priority was to increase government expenditures?

increase taxes


What is deferral?

Deferrals are the consequence of the revenue recognition principle which dictates that revenues be recognized in the period in which they occur.


What is a deferral?

Deferrals are the consequence of the revenue recognition principle which dictates that revenues be recognized in the period in which they occur.


When does bone loss start to occur?

when does bone loss exceed bone gain


What would most likely occur if the government's priority was to increase government expenditures?

increase taxesincrease taxesincrease taxes.


How does a budget deficit occur?

Basically when a country spends more money than the amount of money they are receiving when EXPENDITURE is greater than INCOME Eg. If I have 60 million but I spend 80 million, I have -20million This is a deficit


Rational decisions occur when the marginal benefits of an action equal or exceed the marginal costs?

Rational Decision making occurs when marginal benefits of an action exceed the marginal costs


Why are budget deficits and trade deficits sometimes called the twin deficits?

Twin deficits or double deficits is a summary of the two related economic problems, the budget deficit and the international trade deficit. The budget government deficit is the difference between government revenue and it's spending. Both deficits occur when someone is spending more than they earn.