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From course:

Economics A Level (DONEEEEEEE)

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Question:

What is a Government Budget? -How is the UK’s Budget?

Author: eric_galvao



Answer:

-Government Budget will showcase the Governments Spending, and Revenue. This can be a Deficit [More Spending than Revenue] or Surplus [More Revenue than Spending] -For the UK, it has been a Budget Deficit for a long time [Not in Services but in Goods]


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