Economic Presence of the Government
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1. Question
Consider the following statements about a Budget.
1. This is an account of the expenses the govemment has made on its programmes in the past year and how much it plans to spend in the coming year.
2. The main source of revenue for the government is the taxes collected from the people.
3. The government also announces the various ways in which it plans to meet these expenses.
Which of the following combination is correct?CorrectIncorrect