Question

In both a national budget and household budget, a surplus is the result of

A taking in less than what is needed to spend
 B paying down debts to very low levels
 C tracking expenses over several months
 D spending less than what is taken in

Answer 1

A budget surplus happens when there is more income taken in than there are expenses. This means that there is money left over after expenses are considered.

The answer that best fits this definition is D. spending less than what is taken in.