What is the difference between a budget deficit and a budget surplus?
Share
1 Answer
You must login to add an answer.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
You must login to add an answer.
English 
العربية
A budget deficit happens when you spend more money than you have, like when your expenses exceed your income. It's like having a month where your credit card bill is higher than your paycheck. On the flip side, a budget surplus occurs when you have more money than you need for your expenses. It's akRead more
A budget deficit happens when you spend more money than you have, like when your expenses exceed your income. It’s like having a month where your credit card bill is higher than your paycheck.
On the flip side, a budget surplus occurs when you have more money than you need for your expenses. It’s akin to having some cash left over after paying all your bills for the month.
See less