Question and answer
When revenues exceed expenditures, a. there is a budget surplus. b. there is a budget deficit. c. the government must create more money. d. the government is forced to issue more bonds to raise money.
When revenues exceed expenditures, there is a budget surplus.
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Asked 1/6/2015 9:37:28 AM
Updated 2/22/2015 10:44:17 PM
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When revenues exceed expenditures, there is a budget surplus.
Added 2/22/2015 10:44:17 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [2/22/2015 10:53:21 PM]
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