Question

The government announced that last year it spent $589 million in mandatory outlays and $416 million in discretionary outlays. It received $1015 million in revenue.Last year, the government had a budget ___ of s ___ million.

Answer 1

Check the following calculations

Step-by-step explanation:

Last year, the government had a budget deficit of $100 million.

Government expenditure = $495 million + $416 million = $911 million.

Government revenue = $811 million

Government budget deficit = government expenditure - government revenue

= 911 - 811 = $100 million