Use the Following Table to Answer the Following Questions

question 6

Multiple Choice

Use the following table to answer the following questions:

-According to the table,the country with the lowest average yearly budget deficit over the time period as a percentage of the yearly increase in gross domestic product (GDP) is

• A) the United States.
• B) France.
• C) Italy.
• D) Belgium.
• E) Australia.

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decline in its value due to wear and tear.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in net profit or loss.

Fixed Assets

Physical assets with a useful life greater than one year, which are used in the operations of a business, such as machinery or buildings.

Net Cash Flow

The difference between the cash inflows and cash outflows in a business over a specified period.