Question

The United Nations budget for 2012-13 was 5.15 billion USD. In 2013-14 they were looking to raise 1.6 billion dollars to work in conjunction with the WHO (World Health Organisation) to combat communicable diseases around the planet. (The combat of these diseases is considered to be a Global Public Good) Answer the following questions: a What is the minimum benefit that would have to be derived from the project with the WHO to make economic sense? $ billion. Answer in billions of dollars to one decimal place. b. If the UN considers raising the funds from its top 17 contributing states, with each paying equal amounts, how much would each state pay? $ decimal places). million. Answer to the nearest whole millions of dollars (using no c. Australia is one of the top 17 contributing states. Since Australia has one of the smallest gross domestic products (national income) on the list, if the funds were raised using a form of taxation, what tax system would result in Australia contributing the least funds? Type H for Head, P for Proportional or G for Progressive.

Answer 1

United Nation looking to raise budget from 5.15 biliion USD to. 6 which means 5.15+1.6 is 2013 - 14budget (budget is a financial plan that describe income and expenditure often year).

A)1.6 USDis a minimum amount which drive from the budget for the project of WHO to make economic sense because 1.6 USD, United Nation LOOK TO rise budget to combat disease .

B) whole contribution by united nation to combat disease is 1.6 USD And it will be contributed by 17 countries so 1 country

1.6billion USD IS EQUAL TO 1600 million dollars

1600/17$

=94 millions dollars by each country

C) G for profressive tax because progressive tax is that type tax in which tax takes large amounts of %on high income group and low from low income group.. And Australia contribute least fund

While proportion tax is tax which charge %is same in all income group