Many states and local governments are required to have a balanced ...

[jjjetplane]

Many states and local governments are required to have a balanced budget, which means that
 
  a. the state has collected all the money it was due.
  b. revenues were higher than expected.
  c. expenditures were less than expected.
  d. revenues equal expenditures.

Question 2

A number of states have money segregated or set aside for a particular purpose. These monies are known as
 
  a. rainy day funds.
  b. general funds.
  c. dedicated funds.
  d. allotted funds.

[bassamabas]

Answer to Question 1

d

Answer to Question 2

c