-The Above Table Gives a Country's Government Outlays and Tax

question 166

Essay

$$\begin{array} { c c c } & \begin{array} { c } \text { Government } \\\text { outlays } \\\text { (trillions of }\end{array} & \begin{array} { c } \text { Tax revenues } \\\text { (trillions of }\end{array} \\\text { Year } & \text { 2005 dollars) } & \text { 2005 dollars) } \\\hline 2005 & 0.75 & 0.80 \\2006 & 0.80 & 0.83 \\2007 & 0.87 & 0.86 \\2008 & 0.95 & 0.95 \\2009 & 1.06 & 1.02 \\\hline\end{array}$$
-The above table gives a country's government outlays and tax revenue for 2005 through 2009.During which years did the country have a balanced budget, budget surplus, and budget deficit?