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What happens if tax revenue of the federal government exceeds spending?
There is a federal budget deficit.
Is it true that a loss occurs when your revenue exceeds your expenses?
False, revenue is gain
If the firm's sales revenue income exceeds its expenses the firm has earned a profit?
If a firm's sales revenue exceeds its expenses, the firm has earned a profit.
What is a sentence for revenue?
The government's tax revenue must increase each year to keep up with spending. The revenue from the bond sale was used to improve several bridges in the city.
What is cost of revenue?
Cost of revenue is the amount spent to sell a company's products.
What is the yearly amount by which federal spending exceeds revenue?
budget deficit.
How can one identify and calculate a budget deficit effectively?
To identify and calculate a budget deficit effectively, one should compare the total government spending to the total government revenue. If the spending exceeds the revenue, it indicates a budget deficit. The deficit amount can be calculated by subtracting the revenue from the spending.
Which of the following describes a situation in which government spending exceeds its revenue?
budget deficit
What happens if tax revenue of the federal government exceeds spending?
There is a federal budget deficit.
Definition of net income?
The amount by which revenue exceeds expenses. If expenses exceed revenue it is a net loss.
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 the relationship between the budget deficit and the national debt?
The budget deficit is the amount by which government spending exceeds revenue in a given year. The national debt is the total amount of money the government owes. The budget deficit contributes to the national debt when the government borrows money to cover the shortfall.
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.
What results when expenditures exceed revenue?
A deficit is the result when expenditure exceeds revenue.
Is it true that a loss occurs when your revenue exceeds your expenses?
False, revenue is gain
When revenue exceeds expenditures?
there is a budget surplus
If the firm's sales revenue income exceeds its expenses the firm has earned a profit?
If a firm's sales revenue exceeds its expenses, the firm has earned a profit.
