At the end of 2011, the government of France's debt was €1,126 billion.€ is euro, the currency of France).In 2012, the government spent €1,067 billion and ended the year with a debt of €1,304 billion.How much did the government receive in tax revenue in 2012?

Question

Quizplus · Accepted Answer

To find out how much tax revenue the government received in 2012, we have to subtract the increase in debt from government spending in 2012. 
Increase in debt = €1,304 billion - €1,126 billion = €178 billion 
Tax revenue = Government spending in 2012 - Increase in debt 
Tax revenue = €1,067 billion - €178 billion 
Tax revenue = €889 billion 
Therefore, the government received €889 billion in tax revenue in 2012, which is option D.

At the End of 2011, the Government of France's Debt