Homework answers / question archive / The following budget data are for a country having both a central government and provincial governments: Central purchases of goods and services Provincial purchases of goods and services Central transfer payments Provincial transfer payments Grants in aid (central to provincial) Central tax receipts Provincial tax receipts Interest received from private sector by central government Interest received from private sector by provincial governments Total central government debt Total provincial government debt Central government debt held by provincial governments Nominal interest rate 350 225 150 40 75 350 100 30 20 1200 100 150 10%

The following budget data are for a country having both a central government and provincial governments: Central purchases of goods and services Provincial purchases of goods and services Central transfer payments Provincial transfer payments Grants in aid (central to provincial) Central tax receipts Provincial tax receipts Interest received from private sector by central government Interest received from private sector by provincial governments Total central government debt Total provincial government debt Central government debt held by provincial governments Nominal interest rate 350 225 150 40 75 350 100 30 20 1200 100 150 10%

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The following budget data are for a country having both a central government and provincial governments: Central purchases of goods and services Provincial purchases of goods and services Central transfer payments Provincial transfer payments Grants in aid (central to provincial) Central tax receipts Provincial tax receipts Interest received from private sector by central government Interest received from private sector by provincial governments Total central government debt Total provincial government debt Central government debt held by provincial governments Nominal interest rate 350 225 150 40 75 350 100 30 20 1200 100 150 10%