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 deficit. 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 :
To identify the years with a budget deficit, we need to compare the revenue and expenditures for each year. A budget deficit occurs when the expenditure is greater than the revenue. Let's go through the data year by year:
1. 2001:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]6 trillion
- Since the revenue is greater than the expenditure, there is no deficit.
2. 2002:
- Revenue: [tex]$5 trillion
- Expenditure: $[/tex]7 trillion
- The expenditure is greater than the revenue, indicating a deficit.
3. 2003:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- The expenditure exceeds the revenue, indicating a deficit.
4. 2004:
- Revenue: [tex]$9 trillion
- Expenditure: $[/tex]7 trillion
- The revenue is greater than the expenditure, so there is no deficit.
5. 2005:
- Revenue: [tex]$15 trillion
- Expenditure: $[/tex]18 trillion
- The expenditure is greater than the revenue, indicating a deficit.
6. 2006:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- The expenditure exceeds the revenue, signifying a deficit.
7. 2007:
- Revenue: [tex]$6 trillion
- Expenditure: $[/tex]4 trillion
- Since the revenue is higher than the expenditure, there is no deficit.
8. 2008:
- Revenue: [tex]$2 trillion
- Expenditure: $[/tex]4 trillion
- The expenditure is greater than the revenue, indicating a deficit.
Based on this analysis, the years with a budget deficit are: 2002, 2003, 2005, 2006, and 2008.
1. 2001:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]6 trillion
- Since the revenue is greater than the expenditure, there is no deficit.
2. 2002:
- Revenue: [tex]$5 trillion
- Expenditure: $[/tex]7 trillion
- The expenditure is greater than the revenue, indicating a deficit.
3. 2003:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- The expenditure exceeds the revenue, indicating a deficit.
4. 2004:
- Revenue: [tex]$9 trillion
- Expenditure: $[/tex]7 trillion
- The revenue is greater than the expenditure, so there is no deficit.
5. 2005:
- Revenue: [tex]$15 trillion
- Expenditure: $[/tex]18 trillion
- The expenditure is greater than the revenue, indicating a deficit.
6. 2006:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- The expenditure exceeds the revenue, signifying a deficit.
7. 2007:
- Revenue: [tex]$6 trillion
- Expenditure: $[/tex]4 trillion
- Since the revenue is higher than the expenditure, there is no deficit.
8. 2008:
- Revenue: [tex]$2 trillion
- Expenditure: $[/tex]4 trillion
- The expenditure is greater than the revenue, indicating a deficit.
Based on this analysis, the years with a budget deficit are: 2002, 2003, 2005, 2006, and 2008.
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 deficit. We hope the information provided is useful and helps you understand this topic better. Feel free to explore more helpful content on our website!
- You are operating a recreational vessel less than 39 4 feet long on federally controlled waters Which of the following is a legal sound device
- Which step should a food worker complete to prevent cross contact when preparing and serving an allergen free meal A Clean and sanitize all surfaces
- For one month Siera calculated her hometown s average high temperature in degrees Fahrenheit She wants to convert that temperature from degrees Fahrenheit to degrees
Rewritten by : Jeany
