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To determine the years in which there was a budget deficit, we must look for the years when the expenditures exceeded the revenues. Here's the data from the table, analyzed year by year:
- 2001: Revenue = \[tex]$8 trillion, Expenditure = \$[/tex]6 trillion. Since \[tex]$8 trillion (Revenue) > \$[/tex]6 trillion (Expenditure), there is no budget deficit in 2001.
- 2002: Revenue = \[tex]$5 trillion, Expenditure = \$[/tex]7 trillion. Since \[tex]$5 trillion (Revenue) < \$[/tex]7 trillion (Expenditure), there is a budget deficit in 2002.
- 2003: Revenue = \[tex]$8 trillion, Expenditure = \$[/tex]10 trillion. Since \[tex]$8 trillion (Revenue) < \$[/tex]10 trillion (Expenditure), there is a budget deficit in 2003.
- 2004: Revenue = \[tex]$9 trillion, Expenditure = \$[/tex]7 trillion. Since \[tex]$9 trillion (Revenue) > \$[/tex]7 trillion (Expenditure), there is no budget deficit in 2004.
- 2005: Revenue = \[tex]$15 trillion, Expenditure = \$[/tex]18 trillion. Since \[tex]$15 trillion (Revenue) < \$[/tex]18 trillion (Expenditure), there is a budget deficit in 2005.
- 2006: Revenue = \[tex]$8 trillion, Expenditure = \$[/tex]10 trillion. Since \[tex]$8 trillion (Revenue) < \$[/tex]10 trillion (Expenditure), there is a budget deficit in 2006.
- 2007: Revenue = \[tex]$6 trillion, Expenditure = \$[/tex]4 trillion. Since \[tex]$6 trillion (Revenue) > \$[/tex]4 trillion (Expenditure), there is no budget deficit in 2007.
- 2008: Revenue = \[tex]$2 trillion, Expenditure = \$[/tex]4 trillion. Since \[tex]$2 trillion (Revenue) < \$[/tex]4 trillion (Expenditure), there is a budget deficit in 2008.
- 2009: Revenue = \[tex]$7 trillion, Expenditure = \$[/tex]4 trillion. Since \[tex]$7 trillion (Revenue) > \$[/tex]4 trillion (Expenditure), there is no budget deficit in 2009.
- 2010: Revenue = \[tex]$5 trillion, Expenditure = \$[/tex]9 trillion. Since \[tex]$5 trillion (Revenue) < \$[/tex]9 trillion (Expenditure), there is a budget deficit in 2010.
From this analysis, the years in which there was a budget deficit are:
- 2002
- 2003
- 2005
- 2006
- 2008
- 2010
These are the years where the expenditures exceeded the revenues, resulting in a budget deficit.
- 2001: Revenue = \[tex]$8 trillion, Expenditure = \$[/tex]6 trillion. Since \[tex]$8 trillion (Revenue) > \$[/tex]6 trillion (Expenditure), there is no budget deficit in 2001.
- 2002: Revenue = \[tex]$5 trillion, Expenditure = \$[/tex]7 trillion. Since \[tex]$5 trillion (Revenue) < \$[/tex]7 trillion (Expenditure), there is a budget deficit in 2002.
- 2003: Revenue = \[tex]$8 trillion, Expenditure = \$[/tex]10 trillion. Since \[tex]$8 trillion (Revenue) < \$[/tex]10 trillion (Expenditure), there is a budget deficit in 2003.
- 2004: Revenue = \[tex]$9 trillion, Expenditure = \$[/tex]7 trillion. Since \[tex]$9 trillion (Revenue) > \$[/tex]7 trillion (Expenditure), there is no budget deficit in 2004.
- 2005: Revenue = \[tex]$15 trillion, Expenditure = \$[/tex]18 trillion. Since \[tex]$15 trillion (Revenue) < \$[/tex]18 trillion (Expenditure), there is a budget deficit in 2005.
- 2006: Revenue = \[tex]$8 trillion, Expenditure = \$[/tex]10 trillion. Since \[tex]$8 trillion (Revenue) < \$[/tex]10 trillion (Expenditure), there is a budget deficit in 2006.
- 2007: Revenue = \[tex]$6 trillion, Expenditure = \$[/tex]4 trillion. Since \[tex]$6 trillion (Revenue) > \$[/tex]4 trillion (Expenditure), there is no budget deficit in 2007.
- 2008: Revenue = \[tex]$2 trillion, Expenditure = \$[/tex]4 trillion. Since \[tex]$2 trillion (Revenue) < \$[/tex]4 trillion (Expenditure), there is a budget deficit in 2008.
- 2009: Revenue = \[tex]$7 trillion, Expenditure = \$[/tex]4 trillion. Since \[tex]$7 trillion (Revenue) > \$[/tex]4 trillion (Expenditure), there is no budget deficit in 2009.
- 2010: Revenue = \[tex]$5 trillion, Expenditure = \$[/tex]9 trillion. Since \[tex]$5 trillion (Revenue) < \$[/tex]9 trillion (Expenditure), there is a budget deficit in 2010.
From this analysis, the years in which there was a budget deficit are:
- 2002
- 2003
- 2005
- 2006
- 2008
- 2010
These are the years where the expenditures exceeded the revenues, resulting in a budget deficit.
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