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.
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.
