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What is the main source of government revenue?
A
Taxation is the main source of government revenue.
B
Current spending, because wages are regular costs of running the hospital.
C
State pensions and Universal Credit transfer money to households with little income.
D
Services require regular funding to continue operating.
Card 1 of 20
3.5.1 Government spending and revenue Flashcards
20 flashcards on OCR GCSE Economics 3.5.1 Government spending and revenue: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.