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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.

\[
\begin{tabular}{|l|l|l|}
\hline
Year & Revenue & Expenditure \\
\hline
2001 & \$8 trillion & \$6 trillion \\
\hline
2002 & \$5 trillion & \$7 trillion \\
\hline
2003 & \$8 trillion & \$10 trillion \\
\hline
2004 & \$9 trillion & \$7 trillion \\
\hline
2005 & \$15 trillion & \$18 trillion \\
\hline
2006 & \$8 trillion & \$10 trillion \\
\hline
2007 & \$6 trillion & \$4 trillion \\
\hline
2008 & \$2 trillion & \$4 trillion \\
\hline
2009 & \$7 trillion & \$4 trillion \\
\hline
\end{tabular}
\]

Answer :

Sure, let's identify the years in which there was a budget surplus step-by-step according to the provided data.

A budget surplus occurs when revenue is greater than expenditure. Let's look at each year and compare the revenue and expenditure figures.

1. 2001:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]6 trillion
- Since [tex]$8 trillion (Revenue) > $[/tex]6 trillion (Expenditure), there is a budget surplus in 2001.

2. 2002:
- Revenue: [tex]$5 trillion
- Expenditure: $[/tex]7 trillion
- Since [tex]$5 trillion (Revenue) < $[/tex]7 trillion (Expenditure), there is no budget surplus in 2002.

3. 2003:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- Since [tex]$8 trillion (Revenue) < $[/tex]10 trillion (Expenditure), there is no budget surplus in 2003.

4. 2004:
- Revenue: [tex]$9 trillion
- Expenditure: $[/tex]7 trillion
- Since [tex]$9 trillion (Revenue) > $[/tex]7 trillion (Expenditure), there is a budget surplus in 2004.

5. 2005:
- Revenue: [tex]$15 trillion
- Expenditure: $[/tex]18 trillion
- Since [tex]$15 trillion (Revenue) < $[/tex]18 trillion (Expenditure), there is no budget surplus in 2005.

6. 2006:
- Revenue: [tex]$8 trillion
- Expenditure: $[/tex]10 trillion
- Since [tex]$8 trillion (Revenue) < $[/tex]10 trillion (Expenditure), there is no budget surplus in 2006.

7. 2007:
- Revenue: [tex]$6 trillion
- Expenditure: $[/tex]4 trillion
- Since [tex]$6 trillion (Revenue) > $[/tex]4 trillion (Expenditure), there is a budget surplus in 2007.

8. 2008:
- Revenue: [tex]$2 trillion
- Expenditure: $[/tex]4 trillion
- Since [tex]$2 trillion (Revenue) < $[/tex]4 trillion (Expenditure), there is no budget surplus in 2008.

9. 2009:
- Revenue: [tex]$7 trillion
- Expenditure: $[/tex]4 trillion
- Since [tex]$7 trillion (Revenue) > $[/tex]4 trillion (Expenditure), there is a budget surplus in 2009.

So, the years in which there was a budget surplus are:
- 2001
- 2004
- 2007
- 2009

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Rewritten by : Jeany

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