When your expenses are more than your income you have
a. assets
b. excess expense
c. a surplus
d. a deficit

When your expenses are more than your income you have DEFICIT.

Hence, option: D is the correct answer.

Step-by-step explanation:

Deficit is defined as a excess of expenditure or liabilities over income or assets in a given time period.

Also in general we may say a deficit is the amount by which a resource, especially money  fall short of some reference amount.

Hence, option: D is the correct answer.

( A deficit)

1; 4y + 1 = 13 (Subtract 1 on each side and divide by 4) y=3

2; 6x + 2 = 26 (Subtract 2 on each side, and divide by 6) x = 4

3; 2= 4T - 14 (Add 14 on each side, then divide by 4) T= 4

(When I say on each side, I mean before and after the parenthesis, hope this helps! Can I get brainliest so I can level up? Thanks!