if the state of washington's government collects $75 billion in tax revenues in 2013 and total spending in the same year is $74.8 billion, the result will be a:

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01-12-2022
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if the state of washington's government collects $75 billion in tax revenues in 2013 and total spending in the same year is $74.8 billion, the result will be a:

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contexto1005 contexto1005 · Answer 1 · 2022-12-06T03:15:56-05:00

The state of washington's government collects .A budget surplus will result if the state of Washington's government receives $65.8 billion in tax income in 2013 and spends $74.8 billion overall in the same year.

A budget surplus happens when income exceeds expenses. As opposed to a "budget surplus," citizens have "savings," hence the expression typically alludes to a government's financial stability.surplus is evidence of a government's capacity to effectively manage its finances.When a government has a surplus, the extra funds are available for investment or debt repayment. A budget surplus occurs when there are more resources in the budget than expenses. When the federal government spends more than it collects, a budget deficit results.

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