11. If we find that the government annually collects $230 billion in tax revenue and allocates $29 billion to its universal healthcare spending. What percentage of this government's budget is spent on healthcare? A. 12.60% B. 26.63% C. 16.43% D. 21.90% B O C

11. If we find that the government annually collects $230 billion in tax revenue and allocates $29 billion to its universal healthcare spending. What percentage of this government's budget is spent on healthcare? A. 12.60% B. 26.63% C. 16.43% D. 21.90% B O C

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

11. If we find that the government annually collects $230 billion in tax revenue
and allocates $29 billion to its universal healthcare spending. What
percentage of this government's budget is spent on healthcare?
A. 12.60%
B. 26.63%
C. 16.43%
D. 21.90%
B
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