The diagram presents information on the British Government’s estimated spending and receipts for 2010–2011. What can be concluded from the diagram?
- Aeffect of largest spending item on income distribution less equitable; type of largest receipt item indirect tax; overall budget balance deficit
- Beffect of largest spending item on income distribution less equitable; type of largest receipt item indirect tax; overall budget balance surplus
- Ceffect of largest spending item on income distribution more equitable; type of largest receipt item direct tax; overall budget balance deficit
- Deffect of largest spending item on income distribution more equitable; type of largest receipt item direct tax; overall budget balance surplus