Question
How does a deficit compare to a surplus in the federal government's budget?(1 point)
Responses
A deficit is when the total expenses is equal to the total revenues. A surplus is when the total revenues is greater than the total expenses.
A deficit is when the total expenses is equal to the total revenues. A surplus is when the total revenues is greater than the total expenses.
A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is equal to the total expenses.
A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is equal to the total expenses.
A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is greater than the total expenses.
A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is greater than the total expenses.
A deficit is when the total revenues is greater than the total expenses. A surplus is when the total revenues is equal to the total expenses.
Responses
A deficit is when the total expenses is equal to the total revenues. A surplus is when the total revenues is greater than the total expenses.
A deficit is when the total expenses is equal to the total revenues. A surplus is when the total revenues is greater than the total expenses.
A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is equal to the total expenses.
A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is equal to the total expenses.
A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is greater than the total expenses.
A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is greater than the total expenses.
A deficit is when the total revenues is greater than the total expenses. A surplus is when the total revenues is equal to the total expenses.
Answers
GPT-4o mini
The correct response is:
**A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is greater than the total expenses.**
This statement accurately describes the relationship between federal budget deficits and surpluses.
**A deficit is when the total expenses is greater than the total revenues. A surplus is when the total revenues is greater than the total expenses.**
This statement accurately describes the relationship between federal budget deficits and surpluses.