The Above Table Gives the Government Outlays and Tax Revenues

question 60

Multiple Choice

$\begin{array}{ll}\begin{array}{lcr}\hline & \text { Country A } & \\& \begin{array}{c}\text { Government } \\\text { outlays }\end{array} & \text { Tax revenue } \\& \text { (trillions of } & \text { (trillions of } \\\text { Year } & \text { 2005 dollars) } & \text { 2005 dollars) } \\\hline 2008 & 0.75 & 0.80 \\2009 & 0.80 & 0.83 \\2010 & 0.87 & 0.86 \\2011 & 0.95 & 0.95 \\2012 & 1.06 & 1.02\\\hline\end{array}&\begin{array}{lcr}\hline & \text { Country B } & \\& \begin{array}{c}\text { Government } \\\text { outlays }\end{array} & \text { Tax revenue } \\& \text { (trillions of } & \text { (trillions of } \\\text { Year } & \text { 2005 dollars) } & \text { 2005 dollars) } \\\hline 2008 & 1.05 & 1.10 \\2009 & 0.90 & 0.92 \\2010 & 0.87 & 0.88 \\2011 & 0.85 & 0.83 \\2012 & 0.70 & 0.75\\\hline\end{array}\end{array}$


The above table gives the government outlays and tax revenues from 2008 through 2012 for two countries. In 2011 country A had a_{--------------------}and country B had a_{--------------------}.

• A)balanced budge; budget surplus
• B)budget surplus; balanced budget
• C)balanced budget; budget deficit
• D)budget surplus; budget surplus
• E)budget deficit; budget deficit

---

Definitions:

Locus of Control

A psychological concept that refers to the extent to which individuals believe they have control over events affecting their lives, with an internal locus attributing outcomes to their own efforts, and an external locus attributing outcomes to external circumstances or luck.

Stress Coping

Strategies or methods employed by individuals to manage and mitigate stress and its effects on their well-being.

Self-Esteem

A measure of how much you value and respect yourself.

Self-Affirming Thinking

Involves positive self-talk and affirmations that bolster an individual's confidence and self-esteem, countering negative thoughts and beliefs.