When a Government Earns More Than It Spends in Revenue

question 138

Multiple Choice

When a government earns more than it spends in revenue, we say that it has a:

• A)budget surplus.
• B)budget deficit.
• C)federal debt.
• D)federal deficit.

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Definitions:

Endemic Species

Refers to species that are native to and found only within a specific geographical area.

Sea Ice

A frozen seawater layer that forms and floats on the surface of the polar oceans, playing a crucial role in regulating Earth's climate.

Polar Bears

Large carnivorous bears found in the Arctic, well adapted to cold environments with their thick fur and fat.

Odorless Gases

Gases that lack a detectable smell, and can be natural or manufactured, with some posing health risks if inhaled in sufficient concentrations.