R Budget balance million Total government revenue 650 Total government expenditure 690 Current government revenue 590 Current government expenditure 620 Non-interest expenditure 600 Cyclically adjusted revenue 560 Cyclically adjusted expenditure 580 The conventional balance is R millior

R Budget balance million Total government revenue 650 Total government expenditure 690 Current government revenue 590 Current government expenditure 620 Non-interest expenditure 600 Cyclically adjusted revenue 560 Cyclically adjusted expenditure 580 The conventional balance is R millior

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter5: Gross Domestic Product

Section: Chapter Questions

Problem 6SQP

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Question

Budget balance
million
Total government revenue
650
Total government expenditure
690
Current government revenue
590
Current government expenditure
620
Non-interest expenditure
600
Cyclically adjusted revenue
Cyclically adjusted expenditure
560
580
The conventional balance is - R
million

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