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?
A)€1,245 billion
B)€889 billion
C)€178 billion
D)€1,125 billion
E)€1,482 billion

Question

Quizplus · Accepted Answer

The increase in debt from 2011 to 2012 is €1,304 billion - €1,126 billion = €178 billion. The government spent €1,067 billion, so the revenue must have been €1,067 billion - €178 billion = €889 billion.

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