Fiscal Policy
This topic examines the use of government expenditure and taxation to influence aggregate demand. Students will evaluate the effectiveness and limitations of fiscal policy.
About This Topic
This topic examines the use of government expenditure and taxation to influence aggregate demand. Students will evaluate the effectiveness and limitations of fiscal policy.
Key Questions
- How does discretionary fiscal policy work?
- What are the limitations of fiscal policy in managing the economy?
- How do automatic stabilisers function?
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