Question

Which of the following budgets would be considered balanced? A. A budget where the amount you spend is greater than the amount you earn B. A budget where the amount you save is less than the amount you spend C. A budget where the amount you earn is equal or less than the amount you spend D. A budget where the amount you spend is equal or less than the amount you earn

Answer 1

D. A budget where the amount you spend is equal to or less than the amount you earn.

Explanation: A balanced budget means your income covers your expenses (spending ≤ earnings). Spending less than earnings creates a surplus; spending more creates a deficit.