O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2017 · Q191 Mark
The charts relate to the Financial Statement of the government of New Zealand for 2014. What can be concluded? [Diagram]
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
AExpenditure on welfare was higher than the combined expenditure on education and health.
BThe government was $2.8 billion in surplus.
CThe largest source of the government's income was from direct taxation.
DThe number of business corporations was very small.
✓ Correct answer
C: The largest source of the government's income was from direct taxation.
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