Advantages of economic growth

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…