The table below presents the tax revenue and spending for the government over five years. a. Under the "Budget Amount" c

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The Table Below Presents The Tax Revenue And Spending For The Government Over Five Years A Under The Budget Amount C 1 (77.91 KiB) Viewed 78 times

The table below presents the tax revenue and spending for the government over five years. a. Under the "Budget Amount" column calculate the annual budget outcome. Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign. 1 2 b. Under the "Budget" column determine whether the annual budget outcome is a budget surplus, budget deficit, or a balanced budget. Government Revenue and Spending Tax Revenue Spending Budget Amount (billions of (billions of (billions of Year dollars) dollars) dollars) Budget $700 $700 $ (Click to select) V 700 500 (Click to select) v 3 300 500 (Click to select) v 500 600 (Click to select) v 800 500 (Click to select) V (Click to select) a. Under the "Budget Amount" column calculate the annual budget Deficit Balanced b. Under the "Budget" column determine whether the annual budget Surplus Hlget surplus, budget deficit, or a balanced budget. 4 5