Economics of a Budget (Fiscal) Surplus I A Level and IB Economics
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YouTubetutor2u
Economics of a Budget (Fiscal) Surplus I A Level and IB Economics
In this video we will look at aspects of the economics of countries running a budget or fiscal surplus . A government runs a budget surplus when total tax revenues exceeds government spending in any given year. This is also known as a fiscal surplus . A budget surplus can either be expressed in nominal terms or as a percentage of a nation’s ...
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