lyndseycrabtree2963 lyndseycrabtree2963
  • 17-06-2021
  • Social Studies
contestada

In a single year, a government collects $40 billion in taxes. In that same year, the government spend $35 on government services. This would create which economic situation?

Respuesta :

Nyctalus
Nyctalus Nyctalus
  • 22-06-2021

Answer:

Budget surplus

Explanation:

In simple words, When income surpasses expenses, a budget surplus is created. Consumers have "savings" instead of a "budget surplus," hence the word is frequently applied to a government's financial situation. A budget surplus indicates that the government's resources are well-managed.

A budget surplus helps to stabilize the economy when it is expanding and undergoing inflation. In this case, tax rates rise in proportion to rising employment as well as income

Answer Link

Otras preguntas

without solving what can you tell about the solution to this equation?
Explain symbiotic relationship with examples. ​
Draw a box- and- whisker plot that corresponds to the given data set 31, 12, 8, 25, 23, 17, 20, 13
what kind of citizen do you want to introduce yourself in a society
PLS HELP WILL MARK YOU BRAINLIEST! NO FAKE ANSWERS! Find the class width of the distribution and mean
Find the slope of the line that is parallel and perpendicular to the following equation. 2x - y = 1
S The very winds whispered in soothing accents, and maternal Nature bade me weep no more.... The unstained snowy mountain-top, the glittering pinnacle, the pin
Super easy 7th grade math worth a lot of points
6. Find the H.C.F. of: (a) a² + 2ab + b2-c?, b? + 2bc + ? - a and c? +2ac + a-b? +​
Write an essay about the impact of corona virus on freedom of expression ​