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What happens if tax revenue of the federal government exceeds spending?
There is a federal budget deficit.
Is it true that a loss occurs when your revenue exceeds your expenses?
False, revenue is gain
If the firm's sales revenue income exceeds its expenses the firm has earned a profit?
If a firm's sales revenue exceeds its expenses, the firm has earned a profit.
What is a sentence for revenue?
The government's tax revenue must increase each year to keep up with spending. The revenue from the bond sale was used to improve several bridges in the city.
What is cost of revenue?
Cost of revenue is the amount spent to sell a company's products.
What is the yearly amount by which federal spending exceeds revenue?
budget deficit.
Which of the following describes a situation in which government spending exceeds its revenue?
budget deficit
What happens if tax revenue of the federal government exceeds spending?
There is a federal budget deficit.
Definition of net income?
The amount by which revenue exceeds expenses. If expenses exceed revenue it is a net loss.
What is theDifference between fiscal deficit and revenue deficit?
when the expenditure is more then the revenue.it means that your spending is more then the amount which you have[revenue]
What does deficit spending mean?
The amount by which a government, a company, or individuals spending exceeds it's income over a particular period of time.
What results when expenditures exceed revenue?
A deficit is the result when expenditure exceeds revenue.
Is it true that a loss occurs when your revenue exceeds your expenses?
False, revenue is gain
When revenue exceeds expenditures?
there is a budget surplus
If the firm's sales revenue income exceeds its expenses the firm has earned a profit?
If a firm's sales revenue exceeds its expenses, the firm has earned a profit.
When a country borrows money to pay yearly debt they are involved in this type of spending?
Deficit spending is the amount of spending is exceeding the amount of revenue. Government deficit is when a country borrows money to pay a yearly debt. This could be a good or bad thing depending on each situation.
What is deflect?
Deficit spending is the amount by which a government, private company, or individual's spending exceeds income over a particular period of time, also called simply "deficit," or "budget deficit," the opposite of budget surplus.
