A budget that spends more money than the revenue coming in is known as a _______ budget. A. surplus B. federal C. balanced D. deficit

Question

asked Sep 12, 2021 50.7k views

2 Answers

Mansoor Akhtar · Answer 1 · 2021-09-16T06:12:23+0000

Answer:

D. deficit

Step-by-step explanation:

A budget surplus is income left over during a budget period after all budget expenses have been paid.

A federal budget is the government's estimate of revenue and spending for each fiscal year.

A balanced budget is a budget in which revenues are equal to expenditures.