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To determine the years in which there was a budget surplus, we need to compare the revenue and expenditure for each year. A budget surplus occurs when the revenue exceeds the expenditure. Let's examine each year step-by-step:
1. 2001:
- Revenue: \[tex]$8 trillion - Expenditure: \$[/tex]6 trillion
- Revenue [tex]\(>\)[/tex] Expenditure → Yes, there is a surplus.
2. 2002:
- Revenue: \[tex]$5 trillion - Expenditure: \$[/tex]7 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
3. 2003:
- Revenue: \[tex]$8 trillion - Expenditure: \$[/tex]10 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
4. 2004:
- Revenue: \[tex]$9 trillion - Expenditure: \$[/tex]7 trillion
- Revenue [tex]\(>\)[/tex] Expenditure → Yes, there is a surplus.
5. 2005:
- Revenue: \[tex]$15 trillion - Expenditure: \$[/tex]18 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
6. 2006:
- Revenue: \[tex]$8 trillion - Expenditure: \$[/tex]10 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
7. 2007:
- Revenue: \[tex]$6 trillion - Expenditure: \$[/tex]4 trillion
- Revenue [tex]\(>\)[/tex] Expenditure → Yes, there is a surplus.
8. 2008:
- Revenue: \[tex]$2 trillion - Expenditure: \$[/tex]4 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
9. 2009:
- Revenue: \[tex]$7 trillion - Expenditure: \$[/tex]4 trillion
- Revenue [tex]\(>\)[/tex] Expenditure → Yes, there is a surplus.
10. 2010:
- Revenue: \[tex]$5 trillion - Expenditure: \$[/tex]9 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
After examining each year, we conclude that the years in which there was a budget surplus are:
- 2001
- 2004
- 2007
- 2009
1. 2001:
- Revenue: \[tex]$8 trillion - Expenditure: \$[/tex]6 trillion
- Revenue [tex]\(>\)[/tex] Expenditure → Yes, there is a surplus.
2. 2002:
- Revenue: \[tex]$5 trillion - Expenditure: \$[/tex]7 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
3. 2003:
- Revenue: \[tex]$8 trillion - Expenditure: \$[/tex]10 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
4. 2004:
- Revenue: \[tex]$9 trillion - Expenditure: \$[/tex]7 trillion
- Revenue [tex]\(>\)[/tex] Expenditure → Yes, there is a surplus.
5. 2005:
- Revenue: \[tex]$15 trillion - Expenditure: \$[/tex]18 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
6. 2006:
- Revenue: \[tex]$8 trillion - Expenditure: \$[/tex]10 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
7. 2007:
- Revenue: \[tex]$6 trillion - Expenditure: \$[/tex]4 trillion
- Revenue [tex]\(>\)[/tex] Expenditure → Yes, there is a surplus.
8. 2008:
- Revenue: \[tex]$2 trillion - Expenditure: \$[/tex]4 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
9. 2009:
- Revenue: \[tex]$7 trillion - Expenditure: \$[/tex]4 trillion
- Revenue [tex]\(>\)[/tex] Expenditure → Yes, there is a surplus.
10. 2010:
- Revenue: \[tex]$5 trillion - Expenditure: \$[/tex]9 trillion
- Revenue [tex]\(<\)[/tex] Expenditure → No surplus.
After examining each year, we conclude that the years in which there was a budget surplus are:
- 2001
- 2004
- 2007
- 2009
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