taylorepride taylorepride
  • 20-01-2022
  • Business
contestada

Explain the difference between budget surplus and budget deficit.

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tarunamangal3
tarunamangal3 tarunamangal3
  • 20-01-2022

Answer: budget surplus is when you have more more left over after you budget and deficit is when you went over your budget.

Explanation:

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s12123
s12123 s12123
  • 20-01-2022

Answer:

The opposite of a budget deficit is a budget surplus. When a surplus occurs, revenue exceeds current expenses and results in excess funds that can be allocated as desired. In situations in which the inflows equal the outflows, the budget is balanced.

Explanation:

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