BA100 The table below shows hypothectical figures of revenue and spending for the Canadian government. For simplicity, assume that all of the spending grants to other levels of government were spent in Canada on goods and services. 36 EXTR REVENUES Personal income taxes Corporate income taxes Other income taxes GST and excise taxes EI premiums Federal Government's Budget Plan for Fiscal Year ($billion) OUTLAYS $115 26 3 45 19 22 Transfers to persons Spending grants to other levels of government Public debt charges Direct program spending Total Outlays Projected Budget Plan Surplus Other revenues Total Revenues 230 a. The projected NTR in this budget plan is $ 149 billion. b. The value of NTR less government spending on goods and services (G) is $ Round your answers to 1 decimal place. 50.0 %. c. The percentage of total revenue made up by personal income taxes is [ d. The percentage of total revenue made up by corporate income taxes is e. The percentage of total outlays made up by transfer payments to persons is f. The percentage of total outlays made up by public debt charges is Prev Search %. 28 billion. %. %. 1 of 14 # Next > $40 46 28 75 189 41

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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1
LOIVE
BE A
The table below shows hypothectical figures of revenue and spending for the Canadian government. For simplicity, assume that all of
the spending grants to other levels of government were spent in Canada on goods and services.
REVENUES
Personal income taxes
Corporate income taxes.
Other income taxes
GST and excise taxes
EI premiums
Federal Government's Budget Plan for Fiscal Year ($billion)
OUTLAYS
$115
26
3
45
Transfers to persons
Spending grants to other levels of government
Public debt charges
Direct program spending
Total Outlays
Projected Budget Plan Surplus
19
Other revenues
22
Total Revenues
230
a. The projected NTR in this budget plan is $ 149 billion.
b. The value of NTR less government spending on goods and services (G) is $
Round your answers to 1 decimal place.
c. The percentage of total revenue made up by personal income taxes is
d. The percentage of total revenue made up by corporate income taxes is
e. The percentage of total outlays made up by transfer payments to persons is
f. The percentage of total outlays made up by public debt charges is
%.
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Search
50.0 %.
28 billion.
%.
1 of 14
%.
⠀
SAMSUNG
Next >
$40
46
28
75
189
41
Transcribed Image Text:LOIVE BE A The table below shows hypothectical figures of revenue and spending for the Canadian government. For simplicity, assume that all of the spending grants to other levels of government were spent in Canada on goods and services. REVENUES Personal income taxes Corporate income taxes. Other income taxes GST and excise taxes EI premiums Federal Government's Budget Plan for Fiscal Year ($billion) OUTLAYS $115 26 3 45 Transfers to persons Spending grants to other levels of government Public debt charges Direct program spending Total Outlays Projected Budget Plan Surplus 19 Other revenues 22 Total Revenues 230 a. The projected NTR in this budget plan is $ 149 billion. b. The value of NTR less government spending on goods and services (G) is $ Round your answers to 1 decimal place. c. The percentage of total revenue made up by personal income taxes is d. The percentage of total revenue made up by corporate income taxes is e. The percentage of total outlays made up by transfer payments to persons is f. The percentage of total outlays made up by public debt charges is %. Prev Search 50.0 %. 28 billion. %. 1 of 14 %. ⠀ SAMSUNG Next > $40 46 28 75 189 41
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