The table above gives a nation's government outlays and tax revenue for 2008 through 2012.
-During which years,if any,did the country have a balanced budget?
A) 2008 and 2009
B) 2012 only
C) 2011 only
D) 2010 and 2012
E) all except 2011
Correct Answer:
Verified
Q5: In the United States for the year
Q6: When government outlays exceed tax revenue,the situation
Q7: The federal budget
A)is required to balance by
Q8: When tax revenue exceed the government's outlays,the
Q9: When tax revenue _ outlays is positive,then
Q11: When tax revenues minus outlays is
I.positive,the government
Q12: When the government's expenditures exceed its tax
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