Question

If a family planned to spend $370 for food during March but only spent $348, this difference would be referred to as a:

Answer 1

Surplus

Step-by-step explanation:

Given:

Family planned to spend = $370

Amount spend = $348

Find:

Amount of surplus

Computation:

Amount of surplus = Family planned to spend - Amount spend

Amount of surplus = $370 - $348

Amount of surplus = $22

A surplus is the quantity of an item or resource that is greater than the amount that is actively used.