Activities
• Make a summary flow diagram of the sequence of events that go towards forming the Government’s Budget What departments are involved in preparing the Budget? How important are political influences (from whom and why)? • Why is it the Government’s policy to borrow from local money markets to pay the deficit
What is the effect on various economic factors, such as interest rates and money supply? • How did the Government’s borrowing from overseas, in the past, affect various economic factors, such as Interest rates and money supply? • Where is the Government increasing Its revenue? • Show the figures mentioned in the article in graph form.
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Press, 25 July 1989, Page 28
Word Count
104Activities Press, 25 July 1989, Page 28
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