When the total revenues in the federal government are greater than the total expenses in a given year, the budget:
has a surplus.
When the total revenues in the federal government are greater than the total expenses in a given year, the budget:
(1 point)
Responses
is balanced.
is balanced.
has a deficit.
has a deficit.
has a surplus.
has a surplus.
has a profit.
1 answer
When the total revenues in the federal government are greater than the total expenses in a given year, the budget:
has a surplus.