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-What Is the Amount of the Surplus or Deficit Incurred

Question 241

Multiple Choice

 Year  Government  tax revenues  (billions of  dollars)   Government  expenditures  (billions of  dollars)  12402402250245326025543003205325340\begin{array} { | l | l | l | } \hline \text { Year } & \begin{array} { l } \text { Government } \\\text { tax revenues } \\\text { (billions of } \\\text { dollars) }\end{array} & \begin{array} { l } \text { Government } \\\text { expenditures } \\\text { (billions of } \\\text { dollars) }\end{array} \\\hline 1 & 240 & 240 \\\hline 2 & 250 & 245 \\\hline 3 & 260 & 255 \\\hline 4 & 300 & 320 \\\hline 5 & 325 & 340 \\\hline\end{array}
-What is the amount of the surplus or deficit incurred in year 1 by the government shown in the above table?


A) $240 billion surplus
B) $25 billion surplus
C) $0
D) $25 billion deficit

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