The table below presents the tax revenue and spending for the government over five years.

a. Under the "Budget Amount" column calculate the annual budget outcome.

Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign.

b. Under the "Budget" column determine whether the annual budget outcome is a budget surplus, budget deficit, or a balanced budget.

Government Revenue and Spending

Year	Tax Revenue (billions of dollars)	Spending (billions of dollars)	Budget Amount (billions of dollars)	Budget
1	$100	$300	$	(Click to select) Surplus Balanced Deficit
2	400	600		(Click to select) Surplus Balanced Deficit
3	800	800		(Click to select) Deficit Balanced Surplus
4	600	200		(Click to select) Surplus Deficit Balanced
5	200	100		(Click to select) Balanced Deficit Surplus

a. Under the "Budget Amount" column calculate the annual budget outcome.

b. Under the "Budget" column determine whether the annual budget outcome is a budget surplus, budget deficit, or a balanced budget.