government finances Flashcards
1
Q
what Is the level of the budget deficit
A
5% of the gdp
2
Q
what is the level of the national debt
A
98 % of the gdp
3
Q
what is the level of national insurance
A
8
4
Q
what is the level of corporation tax
A
25%
5
Q
what is the level of VAT
A
20 percent
6
Q
what is the gini coefficient
A
0.357 closer to 0 shows are more equal economy