A. War time expenditure 1941-1942

1. In the financial year 1941-1942:

a. How much money did the Curtin Government spend on the war effort? £ 319 million

b. How much of total government expenditure on the war effort came from the following sources of income?

• taxes                                                     £ 108 million

• loans and war savings certificates              £ 126 million

• Treasury Bills                                           £ 78 million

• other sources (eg temporary use of funds)   £ 6 million

Interpreting Data

2. The diagram below shows the information that you have just collected presented as a circle (pie) graph.

a. Label the diagram to show which parts (sectors) represent money obtained from each of the following sources.

• taxes
• loans and war savings certificates
• Treasury Bills
• other sources

b. About one quarter of the government's income came from

• Treasury Bills

c. Approximately what fraction of the government's income came from taxes?

• one third

Sources of income for
Australian Government expenditure
on the war effort 1941-1942

B. War time expenditure 1942-1943

1. In the financial year 1942-1943

a. How much money did the Curtin Government spend on the war effort? £ 1,107 million

b. How much of total government expenditure on the war effort came from the following sources of income?

• taxes                                                      £ 363 million

• loans and war savings certificates              £ 474 million

• Treasury Bills                                           £ 259 million

• other sources (eg temporary use of funds)   £ 11 million

2. The diagram below shows the information that you have just collected presented as a circle (pie) graph.

a. Label the diagram to show which parts (sectors) represent money obtained from each of the following sources.

• taxes
• loans and war savings certificates
• Treasury Bills
• other sources

3. a. Write down how much the government spent on the war effort for the financial year 1941-1942 and the financial year 1942-1943.

• 1941-1942       £ 319 million

• 1942-1943       £ 1,107 million

Sources of income for
Australian Government expenditure
on the war effort 1942-1943

b. The total amount of money spent on the war effort

• increased between 1941-1942 and 1942-1943.

c. How many times larger was the expenditure on the war effort in 1942-1943 compared to the expenditure in 1941-1942?

• the expenditure in 1942-1943 was more than 3 times as large as in 1941-1942.

d. The proportion of government expenditure on the war effort coming from taxes, loans and war savings certificates, Treasury Bills and 'other sources' .

• remained pretty much the same between 1941-1942 and 1942-1943.

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