This topic contains a solution. Click here to go to the answer

Author Question: If the total expenditure of the UK public sector is 650bn and revenues to the UK public sector are ... (Read 1408 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543

Question 1

If this year the government collects £250bn in taxes and spends £400bn it must have a
◦ budget deficit of £650bn.
◦ budget surplus of 83%.
◦ budget deficit of £150bn.
◦ budget surplus of £150bn.

Question 2

If the total expenditure of the UK public sector is £650bn and revenues to the UK public sector are £325bn in a given year, then
◦ the UK general government debt will rise by £325bn.
◦ the UK government will have a budget deficit of £325bn.
◦ the UK will have a PSNB of -£325bn.
◦ the UK will have a PSNB of £325bn.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jeatrice on May 25, 2020

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly





 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library