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What is it called When tax revenues exceed expenditures?
Budget Surplus
Which describes a budget in which expenditures exceed revenue?
budget deficit
When revenues equal expenditures the government budget is?
Cyclical.╓­­­■Taxen■╖
Net income will result during a time period when?
revenues exceed expenses.
When the US spend more than it receives within a fiscal year this is call?
When the U.S. spends more than it receives within a fiscal year, this is called a budget deficit. A budget deficit occurs when the government's expenditures exceed its revenues, leading to an increase in national debt if the deficit is financed through borrowing. Ongoing budget deficits can raise concerns about fiscal sustainability and may impact economic growth.
What is it called When tax revenues exceed expenditures?
Budget Surplus
When revenues exceed expenditures, _____.?
there is a budget surplus
Does deficit occur when expenditures exceed revenues?
yes it exceeds.
When government revenues and expenditures are equal there is?
A balanced budget
Which describes a budget in which expenditures exceed revenue?
budget deficit
Which term describes a budget in which expenditures exceed revenue?
budget deficit
When revenues exceed expenditures the government has a?
a big fat in the red( deficet )not sure how to spell it
When revenues equal expenditures the government budget is?
Cyclical.╓­­­■Taxen■╖
A federal budget deficit exists when?
The federal government purchases exceed net taxes.
What is the situation called when the federal government’s revenues equal its expenditures in any particular year?
a balanced budget
Budget surpluses are most appropriate during?
Budget surpluses are most appropriate during times of economic prosperity when government revenues exceed expenditures. They can be used to reduce debt, save for future economic downturns, or invest in infrastructure or other long-term projects.
Why does the federal government's debt go up every year?
because expenditures exceed revenues, currently by about $1 trillion/year
