1. (LO 1) Table 7.7 shows the revenue and spending of the Canadian government. For simplicity, assume...
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1. (LO 1) Table 7.7 shows the revenue and spending of 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.
a) What are the projected NTRs in this budget plan?
b) What is the value of NTR less government spending on goods and services (G)?
What percentage of total revenue is
c) personal income taxes?
d) corporate income taxes?
What percentage of total outlays is
e) transfer payments to persons?
f ) public debt charges?
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