Answer: 0.1857
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A government collects $700 billion annually in tax revenue. Each year it allocates $130 billion to interest payments that it must pay on its accumulated debt. What percentage of annual tax revenue is allocated to make these interest payments?
Questio n 11 1 / 1 point A government collects $700 billion annually in tax revenue. Each year it allocates $130 billion to interest payments that it must pay on its accumulated debt. What percentage of annual tax revenue is allocated to make these interest payments ? a) 17.15% b) 18.57% c) 27.58% d) 28.75% Questio n 12 1 / 1 point If the state of Washington's government collects $75 billion …
A government collects $700 billion annually in tax revenue. Each year it allocates $130 billion to interest payments that it must pay on its accumulated debt. What percentage of annual tax revenue is allocated to make these interest payments ? 18.57%.
d) increase or decrease Chapter 17 problems tion 14 1 / 1 point A government collects $700 billion annually in tax revenue . Each year it allocates $70 billion to the justice system and $130 billion for its own administrative costs. What percentage of annual tax revenue is allocated to these two categories of government spending? Question options: a) 28.57% Question 15 1 / 1 poin...
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