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UK budget deficit

Monday, July 06, 2009
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Sir John Major spoke on Sunday about his concerns over the level of government debt. He suggested that the current level of £180bn was not sustainable. This video of the interview Andrew Marr would be a really good discussion starter this week.

Questions
1. Explain what is meant be the term budget deficit. (3)
2. According to John Major why is the situation so serious now? (5)
3. What does John Major recommend in order to reduce the budget deficit? (6)


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