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When does a budget surplus result?
A budget surplus results when the goverment collects more money than it spends.
What are surplus goods?
Surplus goods refers to the profit made in an economy, these goods could be any number of things eg money, resources .... Surplus goods are the result of an efficient economy usually one that is a free market economy
The value of a country's currency is likely to decline as a result of?
Higher Inflation.
When aggregate demand exceeds aggregate supply which of these is MOST likely to result?
A budgetary surplus
What are the different economic and non economic costs of unemployment?
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
When does a budget surplus result?
A budget surplus results when the goverment collects more money than it spends.
Was there a budget surplus under Andrew Jackson?
Yes, Andrew Jackson was able to achieve a budget surplus during his presidency. This surplus was a result of his policies such as reducing government spending and eliminating the national debt. However, the surplus was short-lived and eventually led to an economic recession.
Which was the most direct result production of the surplus food?
economic specializtion
Which was the most direct result of the production of the surplus food?
Economic specialization
Which was the most direct result of the production of surplus food?
economic specializtion
What condition is called budget deficit?
A budget deficit occurs when certain entities spend more money than they take in. This will result in a negative economic growth. An accumulated flow of deficits will result in debts.
Which was the most direct result of the surplus food?
The most direct result of a surplus of food is typically a decrease in prices due to an oversupply in the market. This can lead to benefits such as increased access to affordable food for consumers and potential challenges for producers due to lower revenues.
Stocks originated as a result of what?
Surplus
What was a result of a food surplus in Sumer?
social divison
What was on result of enclosure practices?
There was a surplus of food, and farmers moved to the city.
When the government collects more revenue than it spends what will be the result?
A Surplus
What change occurred as result of Britain's agricultural revolution?
There was a surplus of available food.
