asked 184k views
3 votes
Which situation is most likely to result in a government having a budget
surplus for a year?

1 Answer

7 votes

Answer:

Economic growth

Step-by-step explanation:

When the economy is growing, tax revenues tend to increase as individuals and businesses earn more income, leading to higher tax payments. At the same time, government expenditures may not increase as quickly, resulting in a budget surplus.

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User GuyIncognito
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