✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
The following table provides data for country B. All data are in real or constant price terms. (Note, some data are for 2022, and some are for 2023).
Component | $ Billion | Component | $ Billion |
GDP (31 Dec 2022) | 36,000 | Public Debt (31 Dec 2022) | 6000 |
Indirect Taxes (31 Dec 2023) | 300 | Government Transfers (31 Dec 2023) | 380 |
Subsidies (31 Dec 2023) | 60 | Government Purchases (31 Dec 2023) | 600 |
Direct Taxes (31 Dec 2023) | 500 | Government Interest Payments (31 Dec 2023) | 120 |
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!