A government annually collects $320 billion in tax revenue and allocates $42 billion to education spending. What percentage of this government’s budget is spent on education?
A. 24.50%
B. 12.31%
C. 30.13%
D. 13.12%
Answer:D
A government annually collects $320 billion in tax revenue and allocates $42 billion to education spending. What percentage of this government’s budget is spent on education?
A. 24.50% B. 12.31% C. 30.13% D. 13.12%
Explanation: Type: Multiple Choice