Question

The city’s budget is $9,500,000. The city actually spends $14,000,000. What is the city’s deficit?

Answer 1

The city's budget deficit is determined by subtracting the actual spending from the budget, which in this case is $14,000,000 minus $9,500,000, resulting in a deficit of $4,500,000.

Step-by-step explanation:

The city's budget deficit is the amount by which the actual spending exceeds the budget. To calculate the deficit:

1. 
   
3. Subtract the budget from the actual spending.
4. 
   
6. So, $14,000,000 (actual spending) - $9,500,000 (budget) = $4,500,000.

Therefore, the city's deficit is $4,500,000.