QuestionFebruary 1, 2026

A budget surplus exists when what happens? A Taxes are less than government spending B Taxes are greater than government spending C Government spending is greater than taxes D Taxes are the same as government spending

A budget surplus exists when what happens? A Taxes are less than government spending B Taxes are greater than government spending C Government spending is greater than taxes D Taxes are the same as government spending
A budget surplus exists when what happens?
A Taxes are less than government spending
B Taxes are greater than government spending
C Government spending is greater than taxes
D Taxes are the same as government spending

Solution
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Answer

B Taxes are greater than government spending Explanation 1. Identify the definition of budget surplus A budget surplus occurs when government revenue from taxes exceeds its spending. 2. Match definition to options Option B states taxes are greater than government spending, which matches the definition.

Explanation

1. Identify the definition of budget surplus<br /> A budget surplus occurs when government revenue from taxes exceeds its spending.<br />2. Match definition to options<br /> Option B states taxes are greater than government spending, which matches the definition.
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