Which of these is required to balance the budget for the year? Revenue equal to spending Revenue greater than spending Revenue less than spending No national debt

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Which of these is required to balance the budget for the year? Revenue equal to spending Revenue greater than spending Revenue less than spending No national debt

Social Sciences
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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Revenue equal to spending. National debt is practically irrelevant to a balanced budget, given that payments on loans and interest would be factored in to the spending. So basically you can still have a balanced budget with national debt, just as your own personal budget can be balanced as long as you factor in the payments on your debt (credit card payments, mortgage, etc). In order for the budget to be balanced, you cannot spend more money than what you make, so revenue less than spending won't work. What makes this question a bit tricky is the option for revenue to be greater than spending. This would be a positive scenario, since it would ultimately lead to a surplus, but on the fundamental level, it is not necessary for a balanced budget.

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