Economics 0455 · IGCSE · Fiscal policy

Fiscal policy — practice question

The details below relate to an economy during a financial year. government expenditure = $2866 million government revenue = $1940 million What budget balance did the government record in that year?

  • A$926 million in deficit
  • B$4806 million in deficit
  • C$926 million in surplus
  • D$4806 million in surplus

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