Thank you for visiting The table shows the federal government s budgeted revenue and expenditures from 2001 through 2010 Identify the years in which there was a budget surplus. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Sure! To determine the years in which there was a budget surplus, we need to compare the revenue and expenditures for each year. A budget surplus occurs when the revenue is greater than the expenditures for a given year.
Let's go through the data year by year:
1. 2001:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]6 trillion
- [tex]\( 8 > 6 \)[/tex] → Surplus
2. 2002:
- Revenue: [tex]$5 trillion
- Expenditure: $[/tex]7 trillion
- [tex]\( 5 < 7 \)[/tex] → Deficit
3. 2003:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- [tex]\( 8 < 10 \)[/tex] → Deficit
4. 2004:
- Revenue: [tex]$9 trillion
- Expenditure: $[/tex]7 trillion
- [tex]\( 9 > 7 \)[/tex] → Surplus
5. 2005:
- Revenue: [tex]$15 trillion
- Expenditure: $[/tex]18 trillion
- [tex]\( 15 < 18 \)[/tex] → Deficit
6. 2006:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- [tex]\( 8 < 10 \)[/tex] → Deficit
7. 2007:
- Revenue: [tex]$6 trillion
- Expenditure: $[/tex]4 trillion
- [tex]\( 6 > 4 \)[/tex] → Surplus
8. 2008:
- Revenue: [tex]$2 trillion
- Expenditure: $[/tex]4 trillion
- [tex]\( 2 < 4 \)[/tex] → Deficit
9. :
- Revenue: [tex]$7 trillion
- Expenditure: $[/tex]4 trillion
- [tex]\( 7 > 4 \)[/tex] → Surplus
Now let's list the years when there was a budget surplus:
- 2001
- 2004
- 2007
-
So, the years in which there was a budget surplus are: 2001, 2004, 2007, and .
Let's go through the data year by year:
1. 2001:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]6 trillion
- [tex]\( 8 > 6 \)[/tex] → Surplus
2. 2002:
- Revenue: [tex]$5 trillion
- Expenditure: $[/tex]7 trillion
- [tex]\( 5 < 7 \)[/tex] → Deficit
3. 2003:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- [tex]\( 8 < 10 \)[/tex] → Deficit
4. 2004:
- Revenue: [tex]$9 trillion
- Expenditure: $[/tex]7 trillion
- [tex]\( 9 > 7 \)[/tex] → Surplus
5. 2005:
- Revenue: [tex]$15 trillion
- Expenditure: $[/tex]18 trillion
- [tex]\( 15 < 18 \)[/tex] → Deficit
6. 2006:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- [tex]\( 8 < 10 \)[/tex] → Deficit
7. 2007:
- Revenue: [tex]$6 trillion
- Expenditure: $[/tex]4 trillion
- [tex]\( 6 > 4 \)[/tex] → Surplus
8. 2008:
- Revenue: [tex]$2 trillion
- Expenditure: $[/tex]4 trillion
- [tex]\( 2 < 4 \)[/tex] → Deficit
9. :
- Revenue: [tex]$7 trillion
- Expenditure: $[/tex]4 trillion
- [tex]\( 7 > 4 \)[/tex] → Surplus
Now let's list the years when there was a budget surplus:
- 2001
- 2004
- 2007
-
So, the years in which there was a budget surplus are: 2001, 2004, 2007, and .
Thank you for reading the article The table shows the federal government s budgeted revenue and expenditures from 2001 through 2010 Identify the years in which there was a budget surplus. We hope the information provided is useful and helps you understand this topic better. Feel free to explore more helpful content on our website!
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