The following table relates to Country Jamrock Items Amount ($ millions) Wages and salaries 500 Consumption expenditure 800 Taxes 300 Transfer payments 100 Profits 400 Investment 500 Government spending 200 Exports 600 Imports 400 Rent 350 Interest 450 What is the Fiscal Budget balance?
The following table relates to Country Jamrock Items Amount ($ millions) Wages and salaries 500 Consumption expenditure 800 Taxes 300 Transfer payments 100 Profits 400 Investment 500 Government spending 200 Exports 600 Imports 400 Rent 350 Interest 450 What is the Fiscal Budget balance?
Chapter22: The Public Sector
Section: Chapter Questions
Problem 2SQ
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Question
The following table relates to Country Jamrock
Items |
Amount ($ millions) |
Wages and salaries |
500 |
Consumption expenditure |
800 |
Taxes |
300 |
Transfer payments |
100 |
Profits |
400 |
Investment |
500 |
Government spending |
200 |
Exports |
600 |
Imports |
400 |
Rent |
350 |
Interest |
450 |
What is the Fiscal Budget balance?
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