Budget Balance Quizzes, Questions & Answers

Explore the essentials of managing finances with our engaging Budget Balance quiz. Read more

Budget Balance Quizzes By Grade

Top Trending Budget Balance Quizzes

Welcome to the trivia quiz on a balanced budget. When it comes to managing one's finances, it is important to have a basic budget where you have an estimate of how much expenses you will have and what amount of money you will...

Questions: 253 | Attempts: 789 | Last updated: Mar 21, 2025

Sample Question 1
A balanced budget occurs when

The national debt is reduced to zero dollars.

A budget deficit during one year is matched by a budget surplus in the next year.

Transfer payments equal tax revenues.

Government expenditures equal tax revenues.

Sample Question 2
A federal budget surplus

Occurs when government expenditures exceed tax revenues.

Occurs when tax revenues exceed government expenditures.

Occurs when tax revenues exceed transfer payments.

Occurs when monetary policy works in the opposite direction of fiscal policy.

Is an impossibility.

Macroeconomics 212

Macroeconomics 212 explores the dynamics of government budgets and their impact on loanable funds, investment, and international borrowing and lending. This quiz assesses understanding of economic policies and their global...

Questions: 13 | Attempts: 459 | Last updated: Mar 20, 2025

Sample Question 1
A decrease in the government budget deficit decreases the ________ loanable funds and an increase in the government budget surplus increases the ________ loanable funds.

Demand for; demand for

Demand for; supply of

Supply of; demand for

Supply of; supply of

Demand for loanable funds and the supply of; supply of loanable funds and the demand for

Sample Question 2
W hen a government has a budget surplus, the surplus

Helps finance investment.

Crowds-out private saving.

Must be subtracted from private saving.

Increases the world real interest rate.

Decreases the demand for loanable funds.