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What is the yearly amount by which federal spending exceeds revenue?
Wiki User
∙ 9y ago
budget deficit.
Wiki User
∙ 13y ago
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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 is business profit?
Profit is revenue, generated through sale of products and services, minus the costs of producing/distributing those products and services. When the revenue generated in a period of time exceeds the company's costs, the company has achieved a profit. If the costs incurred by the company exceed the revenue generated in a period of time, the company has a loss.
What is the difference among fiscal deficit budget deficit revenue deficit and trade deficit?
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
What is a company's revenue?
Total Revenue - This is what it says in my economics book; A company's total revenue is defined as "the amount of money the company receives by selling its goods."Revenue in General - With that being said, it sounds like revenue is just the amount profit a company makes by selling it's good or sevices.Hope this helped, if not, look it up on Dictionary.com ! :) That is always what I do, and it has never let me down.
What is off budget spending?
The budget authority, outlays, and receipts of certain Federal entities that have been excluded from budget totals under provisions of law. Most of the off-budget amount is from the Social Security trust fund, with a minor amount from Postal Service revenues.
Definition of net income?
The amount by which revenue exceeds expenses. If expenses exceed revenue it is a net loss.
What produces the largest amount of federal revenue in the US?
The tax on individuals' incomes regularly produces the largest amount of federal revenue.
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.
Is extortionate extension of credit a federal crime?
it only becomes federal if it exceeds a certain amount of money or interferes with interstate commerce.
What is the total amount of federal revenue 150 billion or 15 billion or 1 trillion?
Of those three choices, the annual federal revenue is closest to $1 trillion.
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.
What is business profit?
Profit is revenue, generated through sale of products and services, minus the costs of producing/distributing those products and services. When the revenue generated in a period of time exceeds the company's costs, the company has achieved a profit. If the costs incurred by the company exceed the revenue generated in a period of time, the company has a loss.
What term represents the process of obtaining revenue through taxation and the subsequent spending of the tax dollars in order to operate the government?
I believe the term that you are looking for is budgeting. Whatever government you are dealing with be it Federal, State, or local, each one will have to develop a budget with their income and expenses showing so that they can come up with the amount of taxes that must be levied to develop the revenue needed to run the government.
What did the Gramm-Rudman-Hollings Act require?
The Gramm-Rudman-Hollings Act was an act to balance the budget of the US federal government. The purpose of the act was to restrict federal spending, and shrink the overall size of the government.
The total amount that a nation's government owes is called?
Debt. The amount the government spends, above and beyond incoming revenue is called a deficit. The accumulated annual deficit spending plus interest is the debt.
