The national debt

I. Mark the letter A, B, C, or D on your answer sheet to indicate the word whose underlined part is pronounced differently from that of the rest in each of the following questions. Question 1 A. bushes B. wishes C. researches D. headaches Question 2 A. debt B. climbing C. timber D. lamb Question 3 A. enough B. cough C. thorough D. tough Question 4 A.apply B. maximum .C. cactus D. national Question 5 A. funny B. rubbish C. upper D. student II. Mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the following...

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The budget deficit equivalent to total government spending tax minus total government spending revenue.If income tax independently, but depend on the net income, Fiscal policy – the government’s decisions about spending and taxes • Stabilisation policy – government actions to try to keep output close to its potential level • Budget deficit – the excess of government outlays over government receipts • National debt – the stock of outstanding government debt

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