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A surplus is more than needed, a deficit is a shortage or loss
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∙ 7y ago
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What is the us deficit?
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
What is the opposite of Deficit?
The opposite of a deficit is a surplus. A deficit occurs when a country's expenses are greater than their revenues. A surplus is the opposite.
Does Italy have a trade deficit or a trade surplus?
Germany currently has a trade surplus. COOL HUH !
Does the UK have a trade surplus or trade deficit?
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Deffrentiate between surplus and deficit?
If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
What is the difference between energy deficit and energy surplus?
Surplus energy is an excess amount and deficit is not enough energy
What is the us deficit?
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
What is the opposite of Deficit?
The opposite of a deficit is a surplus. A deficit occurs when a country's expenses are greater than their revenues. A surplus is the opposite.
Does Costa Rica have a deficit or a surplus?
Deficit
Does Italy have a trade deficit or a trade surplus?
Germany currently has a trade surplus. COOL HUH !
Does the UK have a trade surplus or trade deficit?
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Deffrentiate between surplus and deficit?
If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
Is India a trade deficit or trade surplus?
deficit
Does US have a deficit or trade surplus?
Trade deficit
The antonym of the word deficit?
The antonym of deficit is surplus.
What is meant by surplus and deficit?
For a government that taxes and spends, there is revenue (income) and expenditures (outlays). When the expenditures exceed the revenue, the difference is a deficit, also referred to as a "shortfall". When revenue exceeds expenditures, there is money left over, and this is a surplus.
Distinguish between deficit budget and surplus budget?
The main difference between the fiscal and budget deficit is of time period in consideration.Fiscal Deficit is the Govt. Deficit (Government Expenditures - Government Earnings (excluding borrowings)) for a fiscal year let say 2008-09 while...Budget Deficit is the Govt. Deficit in fiscal year 2008-09 (i.e. fiscal deficit for year 2008-09) plus the past Debt over the Government (i.e. the net sum of all past Fiscal deficit/surplus before fiscal year 2008-09).
