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

2 answers:

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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Hey there!

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