More cards in this set

Card 6

Front

What is meant by automatic stabaliser?

Back

Preview of the front of card 6

Card 7

Front

If the government run a budget deficit- what does this mean and what effect will it have on the economy?

Back

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Card 8

Front

How does the government finance a budget deficit?

Back

Preview of the front of card 8

Card 9

Front

What is crowding-out?

Back

Preview of the front of card 9

Card 10

Front

list 3 evaluation points for using fiscal policy as a demand managment tool

Back

Preview of the front of card 10