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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In economics a balanced budget means an annual budget in which expenditures equal revenues. The correct answer is letter

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

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Answer:

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

Explanation: