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denis-greek [22]
3 years ago
14

When tax revenue exceeds government spending​ (government purchases and transfer​ payments) there is ▼ a budget surplus dissavin

g a budget deficit a balanced budget . when tax revenue equals government spending there is ▼ dissaving a budget surplus a balanced budget a budget deficit . when tax revenue is less than government spending there is ▼ a budget deficit positive public saving a balanced budget a budget surplus ?
Business
1 answer:
I am Lyosha [343]3 years ago
6 0
<span>When tax revenue exceeds government spending​ (government purchases and transfer​ payments) there is a federal budget surplus.

A deficit is defined as an amount of money that is too small and a surplus is when the amount of money is larger. In this case, the revenue the government has is more than the money owed so they have a surplus of money and spending power.
</span>
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Intrapreneurs

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I hope my answer helps you.

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