Economy, asked by suthar9362, 11 months ago

Define surplus budget.

Answers

Answered by gill132237
2

What Is a Budget Surplus?

A budget surplus is a period when income or receipts exceed outlays or expenditures. A budget surplus often refers to the financial states of governments; individuals prefer to use the term 'savings' instead of the term 'budget surplus.' A surplus is an indication that the government is being effectively managed.

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