-The Above Table Gives the Government Outlays and Tax Revenue

question 163

Multiple Choice

$$\begin{array} { c c c } & \begin{array} { c } \text { Country A } \\\text { Government } \\\text { outlays }\end{array} & \\& \begin{array} { c } \text { Tax revenue } \\\text { (trillions of } \\\text { (trillions of }\end{array} \\\text { Year } & \text { 2005 dollars) } & \text { 2005 dollars) } \\\hline 2005 & 0.75 & 0.80 \\2006 & 0.80 & 0.83 \\2007 & 0.87 & 0.86 \\2008 & 0.95 & 0.95 \\2009 & 1.06 & 1.02 \\\hline\end{array}$$
$$\begin{array} { c c c } & \begin{array} { c } \text { Country B } \\\text { Government } \\\text { outlays }\end{array} & \\& \begin{array} { c } \text { Tax revenue } \\\text { (trillions of } \\\text { (trillions of }\end{array} \\\text { Year } & \text { 2005 dollars) } & \text { 2005 dollars) } \\\hline 2005 & 1.05 & 1.10 \\2006 & 0.90 & 0.92 \\2007 & 0.87 & 0.88 \\2008 & 0.85 & 0.83 \\2009 & 0.70 & 0.75 \\\hline\end{array}$$
-The above table gives the government outlays and tax revenue from 2005 through 2009 for two countries.In 2008 country A had a ________ and country B had a ________.

---

Definitions:

Goodwill

An intangible asset that arises when a company is purchased for more than the value of its net tangible assets, often related to reputation or brand.

Fair Value

An estimate of the market value of an asset or liability, based on current prices in an orderly transaction between market participants at the measurement date.

Pre-Acquisition Subsidiary Revenues

Revenues generated by a subsidiary prior to being acquired by a parent company.