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Answer:
Budget surplus
Explanation:
In simple words, When income surpasses expenses, a budget surplus is created. Consumers have "savings" instead of a "budget surplus," hence the word is frequently applied to a government's financial situation. A budget surplus indicates that the government's resources are well-managed.
A budget surplus helps to stabilize the economy when it is expanding and undergoing inflation. In this case, tax rates rise in proportion to rising employment as well as income
Answer:
plurality
Explanation:
At almost every level of government in the United States, a candidate does not have to win the majority of votes to win an election; instead a candidate wins based on a <u>plurality</u> of votes. Plurality vote in the United States require a candidate to get more votes than competing candidates and not more than half of all votes cast as in the case of majority vote system
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