PLEASE HELP BRAINLIEST AND 13 POINTS!!
Which of the following are the best examples of both a national and a personal balanced budget?
Arthur budgeted $100 for expenses and spent $75. A government agency budgets $10,000 for the year and spends $9,000.
Elise spent $300 on a new phone after earning $200. A government agency has to lay-off staff after a budget shortfall.
Jessica spends exactly as much as she makes. A government agency budgets $20,000 for the year and spends $20,000.
Harvey saves $100 a month to buy a car. The government sets money aside to fund a future project.
Answer:
C) Jessica spends exactly as much as she makes. A government agency budgets $20,000 for the year and spends $20,000.
Hope that helps and good luck
~May
The best example of a both a balanced and a national budget is the statement showing the government budget at $20,000 and Jessica spends $20,000.
Option C is correct.
Spending is referring to the act where an individual uses the funds to acquire anything thereby reduces his/her income.
According to example in option C, the government budget representing the amount of revenue and the amount spent by Jessica represent the expenditure, the both of them lies at $20,000. This shows a balanced budget where expense and income are equal.
Therefore, the correct option is option C.
Learn more about the balanced budget in the related link:
https://brainly.com/question/1527766
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