This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the total expenditure of the UK public sector is 650bn and revenues to the UK public sector are ... (Read 1425 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
on: May 25, 2020

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.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


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
Reply #1 on: May 25, 2020
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


Daniel Amigo

  • Newbie
  • *
  • Posts: 2
Reply #2 on: May 3, 2021
Thank You


Rajbir Singh

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Aug 13, 2021
thank you


« previous next »
 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Total fertility rates (TFRs) among major regions of the world. Total fertility rates (TFRs) among major regions of the world.
Large water tank, possibly a public or ritual bathing area, from Mohenjo-daro, Indus Valley ... Large water tank, possibly a public or ritual bathing area, from Mohenjo-daro, Indus Valley ...
Overallocation of Labor to Sector 1 Overallocation of Labor to Sector 1
Desired Fertility versus Total Fertility Rate in Developing Countries Desired Fertility versus Total Fertility Rate in Developing Countries
Public Speaking: Strategies for Success, 9th Public Speaking: Strategies for Success, 9th
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Introduction to Autism

For a complete list of videos, visit our video library