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 :
We are given the federal government’s budget data for several years, with revenue and expenditure values expressed in trillions. A budget deficit occurs when the expenditure exceeds the revenue. In other words, if we let [tex]$R$[/tex] be the revenue and [tex]$E$[/tex] be the expenditure for a certain year, a deficit exists if
[tex]$$
R - E < 0.
$$[/tex]
Let’s go through the years one by one:
1. For 2001, the values are:
[tex]$$
R = 8,\quad E = 6.
$$[/tex]
The difference is
[tex]$$
8 - 6 = 2,
$$[/tex]
which is positive. Therefore, there is no budget deficit in 2001.
2. For 2002:
[tex]$$
R = 5,\quad E = 7.
$$[/tex]
The difference is
[tex]$$
5 - 7 = -2.
$$[/tex]
Since the result is negative, there is a budget deficit in 2002.
3. For 2003:
[tex]$$
R = 8,\quad E = 10.
$$[/tex]
The difference is
[tex]$$
8 - 10 = -2.
$$[/tex]
Again, the negative result indicates a budget deficit in 2003.
4. For 2004:
[tex]$$
R = 9,\quad E = 7.
$$[/tex]
The difference is
[tex]$$
9 - 7 = 2.
$$[/tex]
This is a surplus, so no deficit in 2004.
5. For 2005:
[tex]$$
R = 15,\quad E = 18.
$$[/tex]
The difference is
[tex]$$
15 - 18 = -3.
$$[/tex]
This negative amount shows a budget deficit in 2005.
6. For 2006:
[tex]$$
R = 8,\quad E = 10.
$$[/tex]
The difference is
[tex]$$
8 - 10 = -2.
$$[/tex]
The negative result indicates a budget deficit in 2006.
7. For 2007:
[tex]$$
R = 6,\quad E = 4.
$$[/tex]
The difference is
[tex]$$
6 - 4 = 2.
$$[/tex]
The positive result indicates that there is no deficit in 2007.
Thus, the years when the federal government ran a budget deficit are:
[tex]$$
2002,\ 2003,\ 2005,\ 2006.
$$[/tex]
[tex]$$
R - E < 0.
$$[/tex]
Let’s go through the years one by one:
1. For 2001, the values are:
[tex]$$
R = 8,\quad E = 6.
$$[/tex]
The difference is
[tex]$$
8 - 6 = 2,
$$[/tex]
which is positive. Therefore, there is no budget deficit in 2001.
2. For 2002:
[tex]$$
R = 5,\quad E = 7.
$$[/tex]
The difference is
[tex]$$
5 - 7 = -2.
$$[/tex]
Since the result is negative, there is a budget deficit in 2002.
3. For 2003:
[tex]$$
R = 8,\quad E = 10.
$$[/tex]
The difference is
[tex]$$
8 - 10 = -2.
$$[/tex]
Again, the negative result indicates a budget deficit in 2003.
4. For 2004:
[tex]$$
R = 9,\quad E = 7.
$$[/tex]
The difference is
[tex]$$
9 - 7 = 2.
$$[/tex]
This is a surplus, so no deficit in 2004.
5. For 2005:
[tex]$$
R = 15,\quad E = 18.
$$[/tex]
The difference is
[tex]$$
15 - 18 = -3.
$$[/tex]
This negative amount shows a budget deficit in 2005.
6. For 2006:
[tex]$$
R = 8,\quad E = 10.
$$[/tex]
The difference is
[tex]$$
8 - 10 = -2.
$$[/tex]
The negative result indicates a budget deficit in 2006.
7. For 2007:
[tex]$$
R = 6,\quad E = 4.
$$[/tex]
The difference is
[tex]$$
6 - 4 = 2.
$$[/tex]
The positive result indicates that there is no deficit in 2007.
Thus, the years when the federal government ran a budget deficit are:
[tex]$$
2002,\ 2003,\ 2005,\ 2006.
$$[/tex]
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!
- 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
