A balanced budget refers to: a. a budget in which revenues are equal to spending. c. consumption expenditures plus investment expenditures plus government expenditures. b. a budget in which marginal revenue is equal to marginal cost. d. a budget that increases the national debt.

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Esteban Mejia

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17 February, 04:41

A balanced budget refers to: a. a budget in which revenues are equal to spending. c. consumption expenditures plus investment expenditures plus government expenditures. b. a budget in which marginal revenue is equal to marginal cost. d. a budget that increases the national debt.

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Isabell Ponce · Answer 1

A. A budget in which revenues are equal to spending.

Revenue basically means income, so when income is equal to spending then the budge would be balanced. C and D would not describe a balanced budget specifically and B deals with marginal things, meaning extra things already. So A is correct.