Which one of the following is most likely to cause an increase in a country's budget deficit?
An increase in the value of exports and a decrease in the value of imports
An increase in the value of imports and a decrease in the value of exports
A decrease in government expenditure and an increase in tax receipts
An increase in government expenditure and a decrease in tax receipts
44 exam-style questions on Edexcel A A Level Economics 4.5.3 Public sector finances. Each one has a worked solution and a mark scheme showing where the marks go.