Managing the Economy · Policy and Management

Fiscal Policy

The use of government spending and taxation to influence the level of aggregate demand.

Key Questions

  1. 1How does a budget deficit impact future economic sovereignty?
  2. 2What trade-offs does this policy create between social equity and growth?
  3. 3Who benefits and who bears the costs of a corporate tax cut?

ACARA Content Descriptions

AC9EC11K10AC9EC11S07
Year: Year 11
Subject: Economics & Business
Unit: Managing the Economy
Period: Policy and Management

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