Day: February 26, 2022

When revenues exceed expenditures

When revenues exceed expenditures

  When revenues exceed expenditures   Hello. Welcome to solsarin. This post is about “When revenues exceed expenditures”. When revenues exceed expenses there is a budget surplus; when expenses exceed revenues there is a budget deficit.     What happens when expenditures exceed revenues? When a government’s expenditures on goods, services, or transfer payments exceed …