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CAIE IGCSE Economics 4.2.1 Government Budget Questions

Practise Cambridge IGCSE Economics by defining government budgets, calculating surpluses or deficits and explaining how budget changes affect borrowing, taxation and spending.

Syllabus
2027–2029
Course
Economics 0455

Exam points

  • Define a government budget as a forecast of government revenue and expenditure for a future period.
  • Calculate a budget surplus or deficit from government revenue and expenditure data.
  • Explain likely effects of a budget deficit or surplus, including borrowing, taxation, spending and macroeconomic outcomes.

CAIE IGCSE Economics 4.2.1 Government Budget Questions question 1

[Maximum number: 1]

What is not likely to be included in a government budget?

A

anticipated tax revenue

B

changes in exchange rates

C

forecast government borrowing

D

proposed government spending

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