Saturday, January 24, 2009

Unit 2: The UK Budget Deficit

This Economics help article shows the dismal state of the government finances

http://www.economicshelp.org/2009/01/uk-budget-deficit.html

a) Define a budget deficit
b) Describe the pattern fo budget surplus/deficits shown by the graph
c) Explain why the UK government has so consistently had budget deficits

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