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Author Question: When a country has public-sector net borrowing, it means that (Read 49 times)

tingc95

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on: May 25, 2020

Question 1

The accumulated deficit, less any surpluses, of central and local government over all years is called the
◦ PSNB.
◦ general government debt.
◦ net revenue.
◦ national deficit.

Question 2

When a country has public-sector net borrowing, it means that
◦ the total expenditure of central government, local government and public corporations exceeds the tax revenues and sales revenues collected by those bodies.
◦ central government's spending exceeds its tax receipts.
◦ nationalised industries are being subsidised.
◦ the government has accumulated debt over a number of years.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by tingc95 on May 25, 2020

DHRUVSHAH

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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.
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tingc95

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

xiaomengxian

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Reply 3 on: Yesterday
Excellent

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