The following table provides data for 2023 for country A. All data are in real o...
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The following table provides data for 2023 for country A. All data are in real or constant price terms.
Component
|
$ Billion
|
Component
|
$ Billion
|
GDP
|
18,000
|
Public Debt (31 Dec 2022)
|
3,000
|
Indirect Taxes
|
150
|
Government Transfers
|
190
|
Subsidies
|
30
|
Government Purchases
|
300
|
Direct Taxes
|
250
|
Government Interest Payments
|
60
|
What is the size of
the budget balance as a share of GDP? Choose the closest option.
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