If the government spends less than what it receives in taxes during a given interval, then the result is
A) a balanced budget.
B) an entitlement.
C) unrealized public debt.
D) a government budget surplus.

Question

Quizplus · Accepted Answer

If the government spends less than what it receives in taxes during a given interval, it is known as a government budget surplus. This means that the government is able to save money and can use that surplus amount for other purposes such as paying off debt, investing in new projects, or returning it to taxpayers.

If the Government Spends Less Than What It Receives in Taxes