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Economics 101: Budget Surplus | SterlingTerrell.net

Economics 101: Budget Surplus


In economics, what is referred to as Budget Surplus?

Budget Surplus is the money left over after all government monetary inflows, and outflows are accounted for.

(Gov. Receipts) - (Gov. Spending) = Budget Surplus or Budget Deficit

You know government though.

This is usually unheard of.

You could call a Budget Surplus a unicorn of macroeconomics.