Expenditures: Money the government pays out for the programs and services it provides.
Revenue: Money the government collects from taxes and other sources.
Deficit: The amount by which expenditures exceed revenue in a budget.
Surplus: The amount by which revenue is greater than expenditures in a budget.
Debt: An amount that is owed.
Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts
Thursday, February 25, 2010
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