Which pair has examples of a balanced budget at the personal and national levels?

Arthur budgeted $100 for expenses and spent $75. A government agency budgets $8,000 for the year and spends $9,000.
Elise spent $300 on a new phone after earning $200. A government agency has to let go staff after a budget shortfall.
Jessica spends exactly as much as she makes. A government agency budgets $20,000 for the year and spends $20,000.
Harvey saves some money each month to buy a car. The government sets money aside to fund a future project.

Question

Which pair has examples of a balanced budget at the personal and national levels?

Arthur budgeted $100 for expenses and spent $75. A government agency budgets $8,000 for the year and spends $9,000.
 Elise spent $300 on a new phone after earning $200. A government agency has to let go staff after a budget shortfall.
 Jessica spends exactly as much as she makes. A government agency budgets $20,000 for the year and spends $20,000.
 Harvey saves some money each month to buy a car. The government sets money aside to fund a future project.

Gucchi · Answer

Am I right with C?

Gucchi · Answer

@astrid1

Gucchi · Answer

anyone?

MrMudd183 · Answer

Which ones do you think you can eliminate?

Gucchi · Answer

A & D

Gucchi · Answer

I was between B & D

Gucchi · Answer

I mean C

Gucchi · Answer

B & C

MrMudd183 · Answer

I agree with getting rid of A, but I'm leaning towards keeping D

MrMudd183 · Answer

if you look at C, Jessica didn't properly balance her budget...she spent every penny she earned, so she has no money left over

Gucchi · Answer

Hmm, okk

MrMudd183 · Answer

So we can eliminate both A & C

Which leaves us with B & D

MrMudd183 · Answer

B is stating that Elise spent more money than she earned so we can eliminate that one

Which only leaves us wiht D

Gucchi · Answer

Hmm ok but

Gucchi · Answer

I looked on brainly and ppl saying its wrong

MrMudd183 · Answer

D is saying that Harvey is putting money aside each month for a new car, so he is properly trying to maintain the balance

It's also saying the government is putting aside money for a new project

Gucchi · Answer

https://brainly.com/question/3068033

Gucchi · Answer

take a look

Gucchi · Answer

second answer

Gucchi · Answer

https://brainly.com/question/17183910

Gucchi · Answer

another link

MrMudd183 · Answer

It's saying BALANCED budget, i'm reading the last answer choice as the only one where both examples save money instead of spending it all

Gucchi · Answer

wdym balanced budget?

Gucchi · Answer

both questions are the same no?

MrMudd183 · Answer

@gucchi wrote:

both questions are the same no?

please allow me to explain better

MrMudd183 · Answer

the question is asking for a balanced budget

a balanced budget is where you spend some money you earn but you save as much as you spend

or vice versa

Gucchi · Answer

Alright, i mean ill just go with D

MrMudd183 · Answer

When I read the other answer choices I thought they were wrong and D made the most sense to me as a balanced budget, but if you want to believe other sites go ahead...i don't care

Gucchi · Answer

Nah, ill just go with yours

MrMudd183 · Answer

@gucchi wrote:

Nah, ill just go with yours

Okay, did the explanation make sense in a way?

Gucchi · Answer

Yes, I went back to read it.  it makes sense now

MrMudd183 · Answer

That's good, if you need any more help just feel free to @ me

Gucchi · Answer

I have a more few more questions, btw thanks for helping

MrMudd183 · Answer

You're welcome C: