Question

in fiscal year 2005, the federal government had revenues of $2.153 trillion and outlays of $2.472 trillion. for fiscal year 2006, revenues were $2.407 trillion and outlays were $.654 trillion

a) find an equation that relates the revenue R and the fiscal year x. Assume the relationship is linear

b) find an equation that relates the outlay D and the fiscal year x. Assume the relationship is linear

c) using the equations found in part a and b, determine the fiscal year in with the budget will be balanced. express all decimals round to three decimal places.

Answer 1

550

Answer 2

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