Team 1
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Team 2
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Teams
Name
Score
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15
×
What tax is paid on company profits?
Corporation tax.
Oops!
Check
Okay!
Check
15
×
What is government expenditure?
Money the government spends on public services.
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Check
Okay!
Check
×
boom
Lose 50 points!
Oops!
×
seesaw
Swap points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
lifesaver
Give 20 points!
Oops!
×
trap
No points!
Oops!
×
rocket
Go to first place!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
banana
Go to last place!
Oops!
15
×
Name one action the government can take during a budget surplus
Pay off national debt / reduce taxes / increase spending.
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Check
Okay!
Check
×
boom
Lose 50 points!
Oops!
×
fairy
Take points!
5
10
15
20
25
×
rocket
Go to first place!
Okay!
×
banana
Go to last place!
Oops!
×
monster
Reset all scores!
Oops!
×
rocket
Go to first place!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
baam
Lose 25 points!
Oops!
15
×
Name one government service.
Healthcare / education / public transport.
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Check
Okay!
Check
15
×
Name one action the government can take during a budget deficit.
Increase taxes / borrow money / reduce spending.
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Check
Okay!
Check
15
×
What is a budget surplus?
When revenue is greater than expenditure.
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Check
Okay!
Check
15
×
What tax is paid on income earned by employees?
Income tax (PAYE, PRSI and USC).
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Check
Okay!
Check
15
×
What tax is charged on goods and services?
Value-Added Tax (VAT).
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Okay!
Check
15
×
Name one main source of government revenue.
Taxation
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Okay!
Check
15
×
What is a balanced budget?
When planned revenue equals planned expenditure.
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Check
15
×
What is DIRT?
Deposit Interest Retention Tax on savings interest.
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Check
Okay!
Check
15
×
What is a budget deficit?
When expenditure is greater than revenue.
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Check
Okay!
Check
×
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