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When a government spends more money in one year than it collects in taxes, there is a budget ?

a-debt
b- deficit
c- surplus
d-reversal
------ I think it's B

User Howardlo
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2 Answers

3 votes
B- Deficit hope it helped
User Gojko Adzic
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7 votes
When a government spends more money in one year than its collects in taxes, there is a budget:
Deficit
Which means that the government's expenditure is larger than its income

hope this helps
User Carrieann
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