The table above gives a nation's government outlays and tax revenues for 2008 through to 2012.
-Based on the table above, during which years did the country have a budget surplus?
A) 2008 and 2009
B) 2012 only
C) 2011 only
D) 2010 and 2012
E) All except 2011
Correct Answer:
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Q7: When the government's expenses equal its revenues,
Q8: The use of the Commonwealth budget to
Q9: Q10: The largest source of Commonwealth government revenue Q11: Q13: The government collects revenues of $100 million Q14: When the government's expenditures exceed its revenues, Q15: National debt decreases in a given year Q16: Q17: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
