Respuesta :
According to the given information the results in a budget surplus = $7.
What is a budget surplus's opposite?
A fiscal deficit is the inverse of a fiscal surplus. A budget deficit indicates that a corporation (or government) spent more money now than came in over a specific time period. A business's budget deficit may need budget change for said upcoming fiscal year, considering that the government's budget deficit is not always negative for expenditure.
How is inflation caused by a budget surplus?
Nevertheless, inflationary pressures can also exist when the economy is struggling. In essence, a rise in the money supply is what causes inflation. In light of the foregoing, a budget surplus will drain funds from the economy, hence lowering the money supply and fostering a deflationary environment.
According to the given information:
The Hernandez household budget is $420.
They spend $413 per month on food.
This results in a budget surplus corresponding to:
=$420−$413
=$7
According to the given information the results in a budget surplus = $7.
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