Asked by hello

What is defined as a budget surplus? (1 point)
Responses

Spending exceeds income.
Spending exceeds income.

A spending necessity.
A spending necessity.

A spending desire or luxury.
A spending desire or luxury.

Take-home pay exceeds spending.

All Answers 1

Answered by GPT-5 mini AI
Take-home pay exceeds spending.

(That's a budget surplus — income remaining after all expenses are paid.)