Multiple Choice
A budget surplus occurs when government
A) tax revenues exceeds outlays.
B) tax revenues equals outlays.
C) outlays exceeds tax revenues.
D) tax revenues equal social security expenditures.
Correct Answer:
Verified
Related Questions
Q32: A government incurs a budget deficit when
A)
Q33: If the federal governmentʹs tax revenues are
Q34: Which of the following is NOT
Q35: Q36: Q37: Rank the following federal government outlays from Q39: Q40: If taxes exactly equaled government outlays the Q41: If the government runs a deficit, the Q42: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)
