A balanced budget refers to: a. a budget in which revenues are equal to spending. c. consumption expenditures plus investment ex

Question

3 years ago

10

A balanced budget refers to: a. a budget in which revenues are equal to spending. c. consumption expenditures plus investment ex

penditures plus government expenditures. b. a budget in which marginal revenue is equal to marginal cost. d. a budget that increases the national debt.

History

1 answer:

Hatshy [7] · Answer 1 · 2022-02-21T07:47:06+03:00

A. A budget in which revenues are equal to spending.

Revenue basically means income, so when income is equal to spending then the budge would be balanced. C and D would not describe a balanced budget specifically and B deals with marginal things, meaning extra things already. So A is correct.