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15 July, 11:44

Revenue is the amount of money that

O the government spends on defense.

o the government collects from taxes or borrowing.

1o the government owes in de U

O the government uses to provide social services.

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  1. 15 July, 12:31
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    Answer: Revenue is the amount of money that the government collects from taxes or borrowing.

    Explanation:

    Just like an individual or an organization, the government needs resources (some sort of income) to cover its expenses, to maintain all its systems alive (education, public health) and deliver quality public services.

    The government gets money from taxes, borrowing and other various non-tax sources.

    The amount government spends on defense is called military expenditure, the amount the government is owes is called public debt and the amount the government uses to provide social services is called social expenditure.
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