10
QuizMultiple Choice

Government Revenue

Question 10 • Fall 24 American Government/Civics IC

A budget surplus occurs when

Answer
A
spending is greater than revenue.
B
the government balances the budget.
C
revenue is greater than spending.
D
the government raises taxes.

Explanation

A budget surplus occurs when the government brings in more revenue than it spends. For example, if revenue is $10 billion and spending is $9 billion, the $1 billion difference is a surplus. So the correct choice is revenue is greater than spending.

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