Difference between revisions of "Budget surplus"

From CNM Wiki
Jump to: navigation, search
(Created page with "Budget surplus is when the government receives more in taxes than it spends in a year. ==Definition== According to Principles of Economics by Timothy Taylor (3rd editio...")
(No difference)

Revision as of 08:51, 31 May 2020

Budget surplus is when the government receives more in taxes than it spends in a year.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Budget surplus. When the government receives more in taxes than it spends in a year.