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ASSIGNMENTS
gcse economics - tools of the trade: budget surpluses and deficits
18.08.2008
BUDGET SURPLUS
This happens if the Government collects more money in through taxation than it spends on services
e.g.
TAXATION COLLECTED = £400 billion
GOVERNMENT SPENDING = £390 billion
BUDGET SURPLUS is £10 billion.
HOW ...
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Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
Comments:

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