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 1500 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?

Everyone has one nostril that is larger than the other.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Medication errors are three times higher among children and infants than with adults.

The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black
In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi
Estimating Daily Caloric Expenditure Estimating Daily Caloric Expenditure
Public Speaking: Strategies for Success, 9th Public Speaking: Strategies for Success, 9th
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Steps of glucose catabolism

For a complete list of videos, visit our video library