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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 in which there was a budget deficit.

\begin{tabular}{|l|l|l|}
\hline
Year & Revenue & Expenditure \\
\hline
2001 & [tex]$\$[/tex] 8[tex]$ trillion & $[/tex]\[tex]$ 6$[/tex] trillion \\
\hline
2002 & [tex]$\$[/tex] 5[tex]$ trillion & $[/tex]\[tex]$ 7$[/tex] trillion \\
\hline
2003 & [tex]$\$[/tex] 8[tex]$ trillion & $[/tex]\[tex]$ 10$[/tex] trillion \\
\hline
2004 & [tex]$\$[/tex] 9[tex]$ trillion & $[/tex]\[tex]$ 7$[/tex] trillion \\
\hline
2005 & [tex]$\$[/tex] 15[tex]$ trillion & $[/tex]\[tex]$ 18$[/tex] trillion \\
\hline
2006 & [tex]$\$[/tex] 8[tex]$ trillion & $[/tex]\[tex]$ 10$[/tex] trillion \\
\hline
2007 & [tex]$\$[/tex] 6[tex]$ trillion & $[/tex]\[tex]$ 4$[/tex] trillion \\
\hline
2008 & [tex]$\$[/tex] 2[tex]$ trillion & $[/tex]\[tex]$ 4$[/tex] trillion \\
\hline
2009 & [tex]$\$[/tex] 7[tex]$ trillion & $[/tex]\[tex]$ 4$[/tex] trillion \\
\hline
2010 & [tex]$\$[/tex] 5[tex]$ trillion & $[/tex]\[tex]$ 9$[/tex] trillion \\
\hline
\end{tabular}



Answer :

GinnyAnswer
To determine the years in which there was a budget deficit, we must look for the years when the expenditures exceeded the revenues. Here's the data from the table, analyzed year by year:

- 2001: Revenue = \[tex]$8 trillion, Expenditure = \$[/tex]6 trillion. Since \[tex]$8 trillion (Revenue) > \$[/tex]6 trillion (Expenditure), there is no budget deficit in 2001.
- 2002: Revenue = \[tex]$5 trillion, Expenditure = \$[/tex]7 trillion. Since \[tex]$5 trillion (Revenue) < \$[/tex]7 trillion (Expenditure), there is a budget deficit in 2002.
- 2003: Revenue = \[tex]$8 trillion, Expenditure = \$[/tex]10 trillion. Since \[tex]$8 trillion (Revenue) < \$[/tex]10 trillion (Expenditure), there is a budget deficit in 2003.
- 2004: Revenue = \[tex]$9 trillion, Expenditure = \$[/tex]7 trillion. Since \[tex]$9 trillion (Revenue) > \$[/tex]7 trillion (Expenditure), there is no budget deficit in 2004.
- 2005: Revenue = \[tex]$15 trillion, Expenditure = \$[/tex]18 trillion. Since \[tex]$15 trillion (Revenue) < \$[/tex]18 trillion (Expenditure), there is a budget deficit in 2005.
- 2006: Revenue = \[tex]$8 trillion, Expenditure = \$[/tex]10 trillion. Since \[tex]$8 trillion (Revenue) < \$[/tex]10 trillion (Expenditure), there is a budget deficit in 2006.
- 2007: Revenue = \[tex]$6 trillion, Expenditure = \$[/tex]4 trillion. Since \[tex]$6 trillion (Revenue) > \$[/tex]4 trillion (Expenditure), there is no budget deficit in 2007.
- 2008: Revenue = \[tex]$2 trillion, Expenditure = \$[/tex]4 trillion. Since \[tex]$2 trillion (Revenue) < \$[/tex]4 trillion (Expenditure), there is a budget deficit in 2008.
- 2009: Revenue = \[tex]$7 trillion, Expenditure = \$[/tex]4 trillion. Since \[tex]$7 trillion (Revenue) > \$[/tex]4 trillion (Expenditure), there is no budget deficit in 2009.
- 2010: Revenue = \[tex]$5 trillion, Expenditure = \$[/tex]9 trillion. Since \[tex]$5 trillion (Revenue) < \$[/tex]9 trillion (Expenditure), there is a budget deficit in 2010.

From this analysis, the years in which there was a budget deficit are:
- 2002
- 2003
- 2005
- 2006
- 2008
- 2010

These are the years where the expenditures exceeded the revenues, resulting in a budget deficit.

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