The table below contains selected economic indicators for an economy.
| Indicator | 2010 | 2015 | 2020 |
|---|---|---|---|
| Tax revenue (% of GDP) | 30.00 | 32.00 | 31.00 |
| Government expenditure (% of GDP) | 35.00 | 38.00 | 41.00 |
| Real GDP (2010=1002010 = 1002010=100) | 100.00 | 120.00 | 140.00 |
The information above shows that between 2010 and 2020 there was
a fall in total government expenditure in real terms.
a rise in total government expenditure in real terms.
a 140 per cent increase in real GDP.
a fall in the tax-to-GDP ratio.
