Which pair has examples of a balanced budget at the personal and national levels? Arthur budgeted $100 for expenses and spent $7
5. A government agency budgets $8,000 for the year and spends $9,000. Elise spent $300 on a new phone after earning $200. A government agency has to let go staff after a budget shortfall. Jessica spends exactly as much as she makes. A government agency budgets $20,000 for the year and spends $20,000. Harvey saves some money each month to buy a car. The government sets money aside to fund a future project.
