Economics 0455 · IGCSE · Fiscal policy

Fiscal policy — practice question

The table presents a government budget forecast for year 1 and year 2. What does the forecast government budget for year 2 indicate?

  • AThe budget deficit decreased when compared with year 1.
  • BThe budget deficit increased when compared with year 1.
  • CThe budget surplus decreased when compared with year 1.
  • DThe budget surplus increased when compared with year 1.

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