Thank you for visiting Select the correct locations in the table The table shows the federal government s budgeted revenue and expenditures from 2001 through 2010 Identify the years. 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 in which there was a budget deficit, we need to compare the revenue and expenditure for each year. A budget deficit occurs when the expenditure is greater than the revenue.
Let's go through each year step-by-step:
1. 2001:
- Revenue: \[tex]$8 trillion
- Expenditure: \$[/tex]6 trillion
- Since the revenue is greater than the expenditure, there is no budget deficit.
2. 2002:
- Revenue: \[tex]$5 trillion
- Expenditure: \$[/tex]7 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
3. 2003:
- Revenue: \[tex]$8 trillion
- Expenditure: \$[/tex]10 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
4. 2004:
- Revenue: \[tex]$9 trillion
- Expenditure: \$[/tex]7 trillion
- Since the revenue is greater than the expenditure, there is no budget deficit.
5. 2005:
- Revenue: \[tex]$15 trillion
- Expenditure: \$[/tex]18 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
6. 2006:
- Revenue: \[tex]$8 trillion
- Expenditure: \$[/tex]10 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
7. 2007:
- Revenue: \[tex]$6 trillion
- Expenditure: \$[/tex]4 trillion
- Since the revenue is greater than the expenditure, there is no budget deficit.
8. 2008:
- Revenue: \[tex]$2 trillion
- Expenditure: \$[/tex]4 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
9. 2009:
- Revenue: \[tex]$7 trillion
- Expenditure: \$[/tex]4 trillion
- Since the revenue is greater than the expenditure, there is no budget deficit.
10. 2010:
- Revenue: \[tex]$5 trillion
- Expenditure: \$[/tex]9 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
Conclusion: The years with a budget deficit are 2002, 2003, 2005, 2006, 2008, and 2010.
Let's go through each year step-by-step:
1. 2001:
- Revenue: \[tex]$8 trillion
- Expenditure: \$[/tex]6 trillion
- Since the revenue is greater than the expenditure, there is no budget deficit.
2. 2002:
- Revenue: \[tex]$5 trillion
- Expenditure: \$[/tex]7 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
3. 2003:
- Revenue: \[tex]$8 trillion
- Expenditure: \$[/tex]10 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
4. 2004:
- Revenue: \[tex]$9 trillion
- Expenditure: \$[/tex]7 trillion
- Since the revenue is greater than the expenditure, there is no budget deficit.
5. 2005:
- Revenue: \[tex]$15 trillion
- Expenditure: \$[/tex]18 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
6. 2006:
- Revenue: \[tex]$8 trillion
- Expenditure: \$[/tex]10 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
7. 2007:
- Revenue: \[tex]$6 trillion
- Expenditure: \$[/tex]4 trillion
- Since the revenue is greater than the expenditure, there is no budget deficit.
8. 2008:
- Revenue: \[tex]$2 trillion
- Expenditure: \$[/tex]4 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
9. 2009:
- Revenue: \[tex]$7 trillion
- Expenditure: \$[/tex]4 trillion
- Since the revenue is greater than the expenditure, there is no budget deficit.
10. 2010:
- Revenue: \[tex]$5 trillion
- Expenditure: \$[/tex]9 trillion
- Since the expenditure is greater than the revenue, there is a budget deficit.
Conclusion: The years with a budget deficit are 2002, 2003, 2005, 2006, 2008, and 2010.
Thank you for reading the article Select the correct locations in the table The table shows the federal government s budgeted revenue and expenditures from 2001 through 2010 Identify the years. 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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Rewritten by : Jeany
