Question

A surplus can be best defined as:

a) Having too much money to spend
b) Not having enough money to meet your expenses
c) Having money left over after meeting your expenses
d) An Actual expense
(it's from knowledge matters budgeting and saving)

Answer 1

c) Having money left over after meeting your expenses

Step-by-step explanation:

Surplus refers to having an excess of something. A surplus is when a person or a country has more of an item than they require.

From the choices provided, a surplus will be having money left over after meeting your expenses. This individual has more money than they need. The surplus amount is the remainder after meeting all the expenses. In business, excess money is saved or invested to generate more income. A country with surplus products exports to other countries.