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1/4/21

[Answer] A government collects $600 billion annually in tax revenue. Each year it allocates $35 billion to healthcare and $50 billion for education. What percentage of annual tax revenue is allocated to these two categories of government spending?

Answer: 0.1416




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A government collects $600 billion annually in tax revenue. Each year it allocates $35 billion to healthcare and $50 billion for education. What percentage of annual tax revenue is allocated to these two categories of government spending? Study 30 Terms | Econ 002 Final Flashcards | Quizlet Policy Basics: Where Do Our Federal Tax Dollars Go ... Policy Basics: Where Do Our Federal Tax Dollars Go ... $600 is the total collected equivalent to 100% therefore add expenditure on education and health care to get $85 Billion ( $35 + $50 ) Therefore if 100% is equivalent to $600 what about $85 Billion then you cross multiply to get 16.166 the percentage of annual tax revenue is allocated to these two categories spending A government collects $600 billion annually in tax revenue . Each year it allocates $ billion to healthcare and $50 billion for education . What percentage of annual tax revenue is allocated to these two categories of government spending ? 0.2137 I 0.1416 0.1751 0.2641 A government collects $600 billion annually in tax revenue. Each year it allocates $35 billion to healthcare and $50 billion for education. What percentage of annual tax revenue is allocated to these two categories of government spending ? A. 21.37% B. 14.16% C. 17.51% D. 26.41% Answer: B Reference: Explanation: Type: Multiple Choice 27. A government collects $600 billion annually in tax revenue. Each year it allocates $35 billion to healthcare and $50 billion ...

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