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jacksonfive09 jacksonfive09
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5 years ago
If the total expenditure of the UK public sector is £650bn and revenues to the UK public sector are £325bn in a given year, then

▸ the UK general government debt will rise by £325bn.

▸ the UK government will have a budget deficit of £325bn.

▸ the UK will have a PSNB of -£325bn.

▸ the UK will have a PSNB of £325bn.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
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jaded 7.jaded 7.
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