[removed]

It's "more than we need". For example, you need one bag of rice to survive the winter, and in Fall you collected 1.5 bags of rice. So you ended up with a 0.5 bag of rice sulprus. Same concept applies on a big scale in economy when goverment expected to collect this much money from taxes and trade, but ended up with more money than planned.

Your parents give you $5 to get supplies for your lemonade stand.

It only costs $4 to buy everything you need. You have $1 remaining after buying what you need, and that remaining amount is a surplus

The budget was $5, the cost was $4, the surplus is the remainder

Governments set a budget for each year estimating what service they need and can afford, they also set out how much the government need to borrow and the rate of tax to balance out the budget. In some years you may get a sudden unexpected increase in tax revenues which means the government has more money coming in than they were expecting to spend, the difference is the surplus, which can be used to pay off government debt or increase spending.

A surplus is any resource or asset — farm goods, manufactured products, money, oil and other natural resources, land, or anything else that normally has value — above what is useable. It’s a problem for a seller in a market economy because it either can’t be sold at all or has to be sold at a loss.

It’s a good thing for a consumer who has excess assets that can be sold, invested, or saved for future use. It’s a good thing for companies, too, if we are talking about excess profits that can be distributed to owners and shareholders, invested in growth, or saved for future use.

So a surplus is not inherently good or bad. It depends on the nature of the surplus and the business of the person or company that accumulates it.

It’s extra. The term is typically associated with budgets, whether a business or government. If the government spends less than it brings in with tax revenue and fees, it runs a surplus (instead of a defective when it spends more than it takes in). A business department gets an annual budget to spend for salaries, equipment, supplies, vendors, etc and if they don’t spend it all then they have a budget surplus. You’ll often see people responsible for a budget avoid a surplus because it is likely to lead to a smaller budget in subsequent years.

So you can give the dollar back to mommy and daddy but guess what next time your gonna ask them for money to make a lemonade stand they are only gonna give you $4. 'cause that's what they think it costs to supply the stand.

So what you wanna do is spend the dollar on something now so that your parents think it costs $5 to supply the lemonade stand

😁😁I don't think I got the numbers right, but I Was trying to channel Oscar

I was hoping that someone posted it as soon as I saw the post well done ahha