conor.pickering
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#1
Can someone explain this answer please:

At the start of the financial year, an economy’s national debt stands at £1000 billion.
Over the course of the year, the government plans to spend an extra £100 billion and
borrow an extra £40 billion.
If the government achieves its spending and borrowing targets, by the end of the financial
year the national debt will have increased by
A 4%
B 10%
C 14%
D 40%
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Catherine1973
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4% unless I am missing something (40/1000)
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Apidafu
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The national debt is only increased by the government borrowing more money so the 100 billion can be ignored so the answer is 4%
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