When a country has a positive public sector net cash requirement, it means that
A) the government has accumulated debt over a number of years.
B) central government's spending exceeds its tax receipts.
C) the total expenditure of central government, local government and public corporations exceeds the tax revenues and sales revenues collected by those bodies.
D) nationalised industries are being subsidised.
Correct Answer:
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Q2: If the budget deficit is lower than
Q3: The difference between what central and local
Q4: Say that in 2013, the government collected
Q5: Which of the following statements is false?
Q6: The excess of the central government's tax
Q8: The accumulated budget deficit (less any surpluses)
Q9: When a country has a public sector
Q10: If a government had a PSDR for
Q11: If the total expenditure of the UK
Q12: When a deficit, surplus or debt is
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