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1. When you spend more than you make, you have a(n) _____? A. Deficit B. Surplus C. Overage D. Gain

Dana Keller

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Donald Ward on May 25, 2018

When you spend more than you make, you have a deficit. Correct answer: A Shortfall that occurs when expenses exceed income, imports exceed exports, or exceed the liabilities of the assets and is an indicator of financial health. Surplus on the other hand, is the opposite of deficit.


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