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A country where income is greater than spending, has saving greater than investment, and a current account surplus. The excess of income over spending must be balanced by foreign investment, so there will be a financial account deficit to match the current account surplus.
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
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.
GNP is higher when there is more income generated from Americans on our land and abroad then there is by the income generated domestically alone.
Discretionary spending
A country where income is greater than spending, has saving greater than investment, and a current account surplus. The excess of income over spending must be balanced by foreign investment, so there will be a financial account deficit to match the current account surplus.
discretionary spending
Discretionary spendingDiscretionary spendingDiscretionary spending
Discretionary spendingDiscretionary spendingDiscretionary spending
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
A surplus on the current account of its balance of payments (and a matching deficit on the capital account). These are not to be confused with fiscal surplus or budgetary surplus since they are concerned with only Government expenditure and Income. And the correct word is "than" not "then".
Deficit A+ the government will have a surplus
True
Gross income in normally higher then net income unless there is other income then normal business operations then net income may be higher then gross income.
Higher