Advantages of economic growth

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  • Created by: Lottie
  • Created on: 19-05-12 15:46

FISCAL DIDENDS FOR ECONOMIC GROWTH

  • boosts tax renenues
  • helps reduce the budget deifict
  • more people in work
  • rising spening
  • higher company profits
  • this all contributes to an increase in the flow of revenue to the Treasury

GROWTH & INVETSMENT

  • rising demand and output encourages further ivestement in new capital machinery via the multiplier effect
  • this is known as Y induced investment

BUSINESS CONFIDENCE

  • sustained economic…

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