A balanced budget (particularly that of a government) is a budget with revenues equal to expenditures, and neither a budget deficit nor a budget surplus ("the accounts " balance"").
Thus, neither a budget deficit nor a budget surplus exists ("the accounts " balance""). A balanced budget (particularly that of a government) refers to a budget in which revenues are equal to expenditures.
A balanced budget (particularly that of a government) refers to a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus exists ("the accounts " balance"").
A balanced budget (particularly that of a government) refers to a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus exists ("the accounts " balance"").