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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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