A budget surplus occurs when government

Name: A budget surplus occurs when government
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A budget surplus occurs when tax revenues exceed outlays, meaning that the government is taking in more money than it is spending. This can happen for a variety of reasons, such as an increase in tax collection or a decrease in government spending. It can be seen as a positive sign for the economy, as it can lead to lower interest rates and increased confidence in the government's ability to manage finances.

A Budget Surplus Occurs When Government