AS Paper 2, June 2018The UK Economy – Performance and Policies
AS Paper 2, June 2018, Q5(c)
Define the term ‘budget deficit’.
Short answerDefine1 mark
Context
The chart below shows selected areas of forecast UK government spending for 2015/16 and 2016/17. 232 Social protection 240 141 Health 145 Education 102 Defence Housing …