AS Paper 2, June 2024The UK Economy – Performance and Policies
AS Paper 2, June 2024, Q5(a)
Define the term ‘budget deficit’.
Short answerDefine1 mark
Context
Table: UK budget deficit – March 2016 £83.6bn, 2017 £56.3bn, 2018 £56.0bn, 2019 £38.7bn.
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