In a single year, a government collects $40 billion in taxes. In that same year, the government spend $35 on government services. This would create which economic situation?

Budget surplus

Explanation:

In simple words, When income surpasses expenses, a budget surplus is created. Consumers have "savings" instead of a "budget surplus," hence the word is frequently applied to a government's financial situation. A budget surplus indicates that the government's resources are well-managed.

A budget surplus helps to stabilize the economy when it is expanding and undergoing inflation. In this case, tax rates rise in proportion to rising employment as well as income

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the correct answer is the following is a list of inventions made in the medieval islamic world, especially during the "islamic golden age" (8th to 13th centuries),[1][2] as well as the late medieval period, especially in the emirate of granada and the ottoman empire.

science and technology in the islamic world adopted and preserved knowledge and technologies from contemporary and earlier civilizations, including persia, india, china, and greece-roman antiquity, while making a number of improvements and innovations.