If the government is forced to increase taxes / cut spending to meet a budget surplus, it could have an adverse effect on the rate of economic growth. If government spending is cut, then it will negatively affect AD and could lead to lower growth. A budget surplus doesn't have to cause lower growth.
1 : scarcity that makes dear specifically : famine. 2 : an inadequate supply : lack a dearth of evidence.
RELATED WORDS AND SYNONYMS FOR SURPLUS
- difference.
- dividend.
- excess.
- profit.
- remainder.
- residue.
- rest.
- surplus.
A surplus describes the amount of an asset or resource that exceeds the portion that's actively utilized. A surplus can refer to a host of different items, including income, profits, capital, and goods. In the context of inventories, a surplus describes products that remain sitting on store shelves, unpurchased.
1. to be no longer needed. Many very experienced workers have been told they are surplus to requirements. Synonyms and related words.
As we will see after, if demand is greater than the supply, there is a shortage (more items are demanded at a higher price, less items are offered at this same price, therefore, there is a shortage). If the supply increases, the price decreases, and if the supply decreases, the price increases.
Excess Demand: the quantity demanded is greater than the quantity supplied at the given price. This is also called a shortage. Excess Supply: the quantity demanded is less than the quantity supplied at the given price.
As the price of a good goes up, consumers demand less of it and more supply enters the market. If the price is too high, the supply will be greater than demand, and producers will be stuck with the excess. Conversely, as the price of a good goes down, consumers demand more of it and less supply enters the market.
1 : to be deficient or missing time is lacking for a full explanation. 2 : to be short or have need of something he will not lack for advisers The area does not lack for good restaurants. transitive verb. : to stand in need of : suffer from the absence or deficiency of lack the necessities of life She lacked confidence
: not sufficient : inadequate insufficient funds especially : lacking adequate power, capacity, or competence insufficient bandwidth. Other Words from insufficient Synonyms & Antonyms More Example Sentences Learn More about insufficient.
the amount by which a sum of money falls short of the required amount. the amount by which expenditures or liabilities exceed income or assets. a lack or shortage; deficiency. a disadvantage, impairment, or handicap: The team's major deficit is its poor pitching.
What is a budget surplus and a budget deficit? A budget surplus is when extra money is left over in a budget after expenses are paid. A budget deficit occurs when the federal government spends more money that it collects in revenue.
Antonyms for shortage
- abundance.
- enough.
- excess.
- plenty.
- surplus.
- sufficiency.
- ample.
In this page you can discover 31 synonyms, antonyms, idiomatic expressions, and related words for deficit, like: debt, lack, default, defect, shortcoming, deficiency, shortage, paucity, shortfall, arrears and disadvantage.
defeat(n) Antonyms: victory, triumph, success. Synonyms: frustration, overthrow, discomfiture.
(Entry 1 of 2) 1 : an overabundant supply : excess. 2 : an intemperate or immoderate indulgence in something (such as food or drink) 3 : disgust caused by excess.
vacant. Antonyms: full, replenished, business, employed, engaged, occupied, filled, thoughtful. Synonyms: empty, leisure, unemployed, unencumbered, unoccupied, void, unfilled, mindless, exhausted.
1 : a bodily condition characterized by an excess of blood and marked by turgescence and a florid complexion. 2 : abundance, profusion …
What is another word for deep?
| cavernous | chasmic |
|---|
| unlimited | immensurable |
| buried | subterranean |
| impenetrable | incomprehensible |
| inestimable | thorough |
Some common synonyms of indigenous are aboriginal, endemic, and native.
Synonyms for
- achievement.
- advantage.
- defeat.
- gain.
- hit.
- sweep.
- triumph.
- winning.
Streamlined Synonyms - WordHippo
Thesaurus.
What is another word for streamlined?
| smooth | aerodynamic |
|---|
| sleek | trim |
| elegant | faired |
| graceful | clean |
| contoured | up-to-date |
In this page you can discover 76 synonyms, antonyms, idiomatic expressions, and related words for many, like: numerous, diverse, countless, multiplied, divers, several, manifold, sundry, multiplex, multifarious and umpteen.
access. Antonyms: exit, egress, departure, exclusion, repulse. Synonyms: approach, admit, course entrance, avenue, admittance, mode, way, passage, road.
Antonyms for presentfuture, past, absent.
What is the opposite of hostile?
| friendly | hospitable |
|---|
| obliging | amicable |
| communicative | companionable |
| congenial | cordial |
| easygoing | genial |
authentic, valid, legal:unconventional, unwarranted, irregular, untrustworthy, uncommon, unsuitable, irrational, unreliable, counterfeit, unlawful, deceptive, unreal, invalid, dishonest, illegitimate, improper, affected, incorrect, illegal, abnormal, unreasonable, unfitting, false.
