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Government Budget: Receipts & Expenditure · Question 51 of 57

Question 51

EasyOriginal question

A balanced budget is one in which

Options for question 51

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Receipts = expenditure is balanced; receipts > expenditure is surplus; expenditure > receipts is deficit.

Concept
Balanced budget
Typical time
40 s
Your time
—
The rule this testsBalanced, surplus and deficit budgets
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Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

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Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

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