NotSoGoodAtMath8619 NotSoGoodAtMath8619
  • 22-04-2022
  • Business
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The amount by which government spending exceeds government revenues in a given time period is known as the: A. Budget surplus. B. Budget deficit. C. National debt. D. External debt.

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  • 22-04-2022

Answer:

A. Budget surplus

Explanation:

A budget surplus is when income exceeds expenditure. The term " budget surplus" is used in reference to a government's financial state.

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