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When government revenues and expenditures are equal there is?

A balanced budget


What is balanced budget?

A budget for which expenditures are equal to income. Sometimes a budget for which expenditures are less than income is also considered balanced. The concept is often discussed in reference to the federal government.


When revenues equal expenditures the government budget is?

Cyclical.╓­­­■Taxen■╖


What is a statement that most accurately describes the relationship between incomes and expenditures in the circular flow of economic activities?

The flows of income and expenditures are about equal.


What is a balanced budget?

The oversight committee has been working on the next balanced budget for over three weeks.


What is the situation called when the federal government’s revenues equal its expenditures in any particular year?

a balanced budget


What advice would you give the president on taxes?

My advice is to reduce expenditures to equal the current revenue being collected and then to propose a temporary graduated income surtax that would be applied entirely to paying down the debt.


Does the price equal the marginal revenue in a competitive market?

In a competitive market, the price does equal the marginal revenue.


Is marginal revenue equal to price in a perfectly competitive market?

In a perfectly competitive market, marginal revenue is equal to price.


Is the price equal to marginal revenue in a perfectly competitive market?

In a perfectly competitive market, the price is equal to the marginal revenue.


What is the budget of Equal Employment Opportunity Commission?

The budget of Equal Employment Opportunity Commission is 344,000,000 dollars.


In an accrual system does revenue equal cash?

no