Question: Need help with this question please I do not understand the concept The table below shows hypothectical figures of revenue and spending for the Canadian

Need help with this question please I do not understand the concept

Need help with this question please I do not understand the concept

The table below shows hypothectical figures of revenue and spending for the Canadian government. For simplicity, assume that all of the spending grants to other levels of government were spent in Canada on goods and services. Federal Government's Budget Plan for Fiscal Year (_$billion) REVENUES OUTLAYS Personal income taxes $110 Transfers to persons $45 Corporate income taxes 24 Spending grants to other levels of government 48 Other income taxes 1 Public debt charges 31 GST and excise taxes 50 Direct program spending 70 BI premiums 18 Total Outlays 194 Other revenues 23 Projected Budget Plan Surplus 32 Total Revenues 226 a. The projected NTR in this budget plan is $ 194 billion. b. The value of NTR less government spending on goods and services (G) is $5 billion. Round your answers to 1 decimal place. c. The percentage of total revenue made up by personal income taxes is |:| %. d. The percentage of total revenue made up by corporate income taxes is |:| %. e. The percentage oftotal outlays made up by transfer payments to persons is |:| %. f. The percentage of total outlays made up by public debt charges is |:| %

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