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If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agoA surplus is more then what is needed
A deficit is less then what is needed
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What is the difference between a surplus and a deficit?
A surplus is more than needed, a deficit is a shortage or loss
What is the opposite of Deficit?
The opposite of a deficit is a surplus. A deficit occurs when a country's expenses are greater than their revenues. A surplus is the opposite.
Does Italy have a trade deficit or a trade surplus?
Germany currently has a trade surplus. COOL HUH !
Does the UK have a trade surplus or trade deficit?
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Does US have a deficit or trade surplus?
Trade deficit
What is the difference between a surplus and a deficit?
A surplus is more than needed, a deficit is a shortage or loss
What is the difference between energy deficit and energy surplus?
Surplus energy is an excess amount and deficit is not enough energy
Does Costa Rica have a deficit or a surplus?
Deficit
What is the opposite of Deficit?
The opposite of a deficit is a surplus. A deficit occurs when a country's expenses are greater than their revenues. A surplus is the opposite.
Does Italy have a trade deficit or a trade surplus?
Germany currently has a trade surplus. COOL HUH !
Does the UK have a trade surplus or trade deficit?
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Is India a trade deficit or trade surplus?
deficit
Does US have a deficit or trade surplus?
Trade deficit
The antonym of the word deficit?
The antonym of deficit is surplus.
How do you calculate the surplus or deficit as a percentage of GDP?
Surplus or deficit as a percentage of GDP can be calculated by using deficit/GDP multiplied by 100, where deficit is calculated by subtracting expenses from sources.
Did the US have a federal deficit or surplus in 1998?
The United States had a federal surplus in 1998. There was a surplus until 2001, but after 2001, the country has had a national deficit.
Did the US have a trade surplus or deficit?
The USA has a trade deficit.
