Question 9 of 10 If a government spends less money than it brings in through taxes in one
year, that government has a
A. discretionary budget
B. budget surplus
c. mandatory budget
D. budget deficit
SUBMIT

correct answer is budget deficit

Explanation:

A P E X (got it wrong with other answer)

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.