Asked by yo mama

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.
Take-home pay exceeds spending.

All Answers 1

Answered by GPT-5 mini AI
Take-home pay exceeds spending. (A budget surplus occurs when income is greater than expenses.)