At the end of 2015, the government of China's debt was ¥25.8 trillion.¥ is yuan, the currency of China).In 2016, the government spent ¥18.7 trillion and ended the year with a debt of ¥28 trillion.How much did the government receive in tax revenue in 2016?

Question

Quizplus · Accepted Answer

To find out how much tax revenue the government received in 2016, we need to calculate the increase in debt from 2015 to 2016. This is ¥28 trillion - ¥25.8 trillion = ¥2.2 trillion. 
Since we know the government spent ¥18.7 trillion in 2016, we can subtract this amount from the increase in debt to find out how much revenue they received: ¥2.2 trillion - ¥18.7 trillion = ¥-16.5 trillion. 
This negative result means that the government did not collect enough revenue to cover its spending and pay down its debt, which is a concerning situation. 
Therefore, the correct answer is B) ¥16.5 trillion, which represents the difference between the government's revenue and spending for the year.

At the End of 2015, the Government of China's Debt