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More cards in this set
Card 6
Front
What is reflationary fiscal policy also known as?
Back
Card 7
Front
What is deflationary fiscal policy also known as?
Back
Card 8
Front
What can the government change?
Back
Card 9
Front
Other than influencing the level of AD, why may changes in government spending and taxation be implemented?
Back
Card 10
Front
What does acting counter-cyclically mean?
Back
Card 11
Front
How does a government achieve greater economic stability?
Back
Card 12
Front
When is discretionary fiscal policy used?
Back
Card 13
Front
What are automatic stabilisers?
Back
Card 14
Front
What will the government receive when real GDP rises and why? What will this lead to?
Back
Card 15
Front
What is the golden fiscal policy rule and what does it mean?
Back
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