Question

FOR A MEDAL
Which of the following is the best example of a budget deficit?

Government revenues exceed government spending

Personal income equals personal spending

Government revenues fall short of government spending

Personal savings impacts personal income

Answer 1

@marylou004

Answer 2

@bibby

Answer 3

@PurpleGirl138

Answer 4

@jaredfleagle

Answer 5

got an idea?

Answer 6

@heyyeahyou

Answer 7

wow no one helped you?

Answer 8

nope,

Answer 9

.-.

Answer 10

give me a sec

Answer 11

ok

Answer 12

well I guess the correct definition of a budget deficit would be an excess of
expenditures over revenues

Answer 13

yep,

Answer 14

so lets see which one makes sense

Answer 15

A financial situation that occurs when an entity has more money going out than coming in. The term "budget deficit" is most commonly used to refer to government spending rather than business or individual spending. When it refers to federal government spending, a budget deficit is also known as the "national debt." The opposite of a budget deficit is a budget surplus, and when inflows are equal to outflows, the budget is said to be balanced.

Answer 16

found that online,

Answer 17

well if it refers to government spending most of the time wouldn't you think it would be the first choice?

Answer 18

ye most probably.

Answer 19

yeah, I would think that would be the answer

Answer 20

mind helping me a bit more? almost done

Answer 21

I guess

Answer 22

well I actually have an essay to get done and I have been trying to procrastinate. Sorry but I can't help