Spending power redu...
 

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[Closed] Spending power reductions, (cuts to local governmnet) see link below

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So can anyone with a O level in ecconomics please explain the figures please 8O.


 
Posted : 13/12/2010 6:04 pm
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Total spending current year column I
Total spending next year column S
Reduction = I - S = Column U
% Reduction =U/I = Column W
Transition grant = Column Y
% Reduction after grant = (U+Y)/I = Column AA


 
Posted : 13/12/2010 8:11 pm