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Question Practice

When the government runs a surplus budget, it means:

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Government Budget And The Economy
Question Bank

When the government runs a sur...

Single Answer MCQ
Q-00089174

When the government runs a surplus budget, it means:

1

Expenditures equal revenues

2

Expenditures exceed revenues

3

Revenues exceed expenditures

4

Consumption spending decreases

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Keep Practising

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Q1.

What is a balanced budget?

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Q2.

Which of the following describes a budget surplus?

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Q3.

What is a budget deficit?

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Q4.

Which measure indicates the excess of revenue expenditure over revenue receipts?

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