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sertanlavr [38]
3 years ago
8

When revenues are higher than expenditures in a budget, that budget

Social Studies
2 answers:
erma4kov [3.2K]3 years ago
8 0

When revenues are higher than expenditures in a budget, that budget shows a surplus.  If income exceeds spending, the government has a budget or fiscal surplus. It is  a measure that the government is being effectively managed.

Deficit on the other hand is the amount by which government expenses exceed income.

zepelin [54]3 years ago
4 0
Hello,


Its something that displays a surplus.


Hope this helps
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Under the articles of confederation, the problem that arose because the national government had no power to levy taxes on its citizens was that the nation could not maintain an army or navy.

<h3>What was the articles of confederation?</h3>

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Therefore, the consequence is that the nation could not maintain an army or navy because the national government had no power to levy taxes on its citizens.

Read more about articles of confederation

brainly.com/question/16794101

#SPJ1

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