1 LOIVEBE AThe table below shows hypothectical figures of revenue and spending for the Canadian government. For simplicity, assume that all ofthe spending grants to other levels of government were spent in Canada on goods and services.REVENUESPersonal income taxesCorporate income taxes.Other income taxesGST and excise taxesEI premiumsFederal Government's Budget Plan for Fiscal Year ($billion)OUTLAYS$11526345Transfers to personsSpending grants to other levels of governmentPublic debt chargesDirect program spendingTotal OutlaysProjected Budget Plan Surplus19Other revenues22Total Revenues230a. 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 isd. The percentage of total revenue made up by corporate income taxes ise. The percentage of total outlays made up by transfer payments to persons isf. The percentage of total outlays made up by public debt charges is%.PrevSearch50.0 %.28 billion.%.1 of 14%.⠀SAMSUNGNext >$4046287518941

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

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

Principles of Microeconomics (MindTap Course List)

8th Edition

ISBN:9781305971493

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter12: The Design Of The Tax System

Section: Chapter Questions

Problem 2PA

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CIENCES QUESTION 1 Study the bar chart regarding the National Budget's tax revenue and answer the questions that follow: WHERE WILL THE MONEY COME FROM IN 2021/22 AND HOW WILL IT BE SPEND GOVERNMENT SOURCES OF REVENUE 2021/22 Tax R1 365.1milj 72.6% Loans R 482.6milj 25.7% Non-tax income R 32.5milj 1.7% 1 Which revenue contributes the most to the National Budget? Give the percentage. Which revenue contributes the least to the National Budget? Give the percentage. Give ONE example of a income that is not tax. TAX REVENUE, 2 021/22 Personal inseme tax
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 $120 28 2 48 18 Other revenues 21 Total Revenues 237 a. The projected NTR in this budget plan is $ 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 Federal Government's Budget Plan for Fiscal Year ($billion) OUTLAYS Other income taxes GST and excise taxes EI premiums Transfers to persons Spending grants to other levels of government Public debt charges Direct…