Share Fiscal Policy
Save to Folder
Explain two reasons for a change in the amount of tax revenue a government receives.
Change in employment / wages / incomes, Change in spending, Change in demand, Change in profits for imports
Identify two benefits people may gain from a good education.
high income / high living standards, skills / high productivity / high efficiency, better health/better nutrition/avoidance of demerit goods
Identify two types of tax.
Direct (1) Indirect (1) Progressive (1) Proportional (1) Regressive (1)
Discuss whether or not a tax on a product can reduce external costs.
tax will increase price, reducing the quantity demanded
Discuss whether or not a government subsidy on the export of sugar will help it achieve its macroeconomic aims.
-
Analyse why a cut in government spending might increase poverty.
-
-
Discuss whether or not a government can reduce unemployment without increasing inflation.
-
-
-
-
