government finances Flashcards

1
Q

what Is the level of the budget deficit

A

5% of the gdp

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2
Q

what is the level of the national debt

A

98 % of the gdp

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3
Q

what is the level of national insurance

A

8

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4
Q

what is the level of corporation tax

A

25%

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5
Q

what is the level of VAT

A

20 percent

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6
Q

what is the gini coefficient

A

0.357 closer to 0 shows are more equal economy

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