Problemas
estion 6 (1 point) US federal budget expenditures this year are 3.5 trillion dollars and the revenue for the US government this year is 3 trillion dollars. The nario above results in what situation? D Balanced federal budget b Federal budget surplus Both surplus and shortage of funds d Federal budget deficit
Roztwór
Adrienne
avanzado · Tutor durante 1 años
4.4
(263 Votos)
Respuesta
To determine the situation described in the scenario, we need to compare the US federal budget expenditures with the revenue for the US government this year.Given:- Expenditures:
3.5
\
trillion dollarsStep 1: Calculate the difference between expenditures and revenue.Difference = Expenditures - RevenueDifference =
3.5
\
trillionDifference =
0.5$ trillionStep 2: Interpret the result.Since the expenditures are greater than the revenue, the scenario results in a federal budget deficit.Therefore, the correct answer is:d) Federal budget deficit