During 2011, the inflation rate in the United Kingdom was about 3.6 percent. During that year, the

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During 2011, the inflation rate in the United Kingdom was about 3.6 percent. During that year, the national debt of the United Kingdom was about £ 940 billion. Discuss the implications of these facts for measuring government revenues in that country during 2011.
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Public Finance

ISBN: 978-0078021688

10th edition

Authors: Harvey Rosen, Ted Gayer

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