Given the following hypothetical data for a country, answer the questions that follows (the numbers are in millions of dollar)
Import tax = 1725 Personal income tax = 225 Excise tax = 800 Capital expenditure = 4000
Non-tax revenue = 3000 Business profit tax = 1400 Value Added Tax(VAT) = 2000 Recurrent expenditure = 5500
axes on export = 1725
i. Now Calculate: a.the total amount of indirect tax, b. the total direct tax revenue, c. the foreign trade tax,
d. the total government revenue for the year, e. the total government expenditure,
ii. Is there a surplus or deficit? How large is it?