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What is it called when government does not spend more than the tax revenue it receives?
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What is a budget called when you spend no more than you have?
The Federal Government's Budget.
Why does the governent charge taxes?
To collect revenue and to spend the money for development activities
Difference between profit and revenue?
Revenue is the income that a business receives, total revenue would be formulated by price times quantity However business occurs expenses along with the sales, therefore to calculate the net effect of the income that business receives, we use profit which is essentially the revenue minus expenses/costs incurred
Where do your taxes go to?
The taxes go to the government for them to spend.
Why is Net Income on bottom line of Profit and Loss statement negative?
Negative net income means that business has spend more and earn less in other words it is said that business has incurred more cost to earn less revenue in a fiscal year.
What is it called when the government annually spend more than its receives in revenue?
a federal budget deficit
How does the government spend most of its revenue?
well basically..... YOUR MUM
How does the government spend its revenue?
Sex with your mother, education, and NHS
Does the government always spend the same exact amount of money it receives?
No
When would the government step in and spend more Revenue and or lower taxes to stimulate demand?
They would do this when the economy is weak.
When would the government step in and spend more revenue and lower taxes to stimulate demand?
They would do this when the economy is weak.
How much income tax revenue do the Australian government spend on supporting aged care?
In 2006‑07 the Federal Government spent $48 billion on health and aged care.
What is it called when the government brings in more than they spend?
Surplus.
How does tourism earn revenue?
When tourists come, they spend money. The buisnesses that they spent money at earn revenue and they spend money witch helps stimulate the local economy. Also, they have to pay taxes on everything, and that generates revenue for the state. When tourists come, they spend money. The buisnesses that they spent money at earn revenue and they spend money witch helps stimulate the local economy. Also, they have to pay taxes on everything, and that generates revenue for the state.
What is a budget called when you spend no more than you have?
The Federal Government's Budget.
Average revenue spend on different sports per year?
answer my questions
Cost of revenue?
The cost of revenue is the money spent to make profit for a business. All business have to spend money to make money.
