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Economics > 2.6.2 Fiscal policy > Flashcards

2.6.2 Fiscal policy Flashcards

1
Q

Main aims of Fiscal policy?

A

Increase economic growth
Decrease unemployment

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2
Q

2 instruments of fiscal policy?

A

TAX AND GOVT SPENDING

Tax - income,VAT,national insurance
Govt spending - Social protection,health,education

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3
Q

Who controls the fiscal policy?

A

Chancellor of Exchequer and goverment

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Economics (13 decks)

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