📝 Multiple Choice Question
Economics
Calculate the revenue receipts from the following information. Revenue deficit = 2.80% of GDP Revenue expenditure = 10.80% of GDP
A
2.70
B
12.80
C
8.00
D
13.60
Explanation
Revenue Deficit is calculated as Revenue Expenditure minus Revenue Receipts. Therefore, Revenue Receipts equal Revenue Expenditure (10.80%) minus Revenue Deficit (2.80%), resulting in 8.00%.
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