(a)[12]
Budget deficits are influenced by fiscal policy. Explain how multiplier analysis might be used to forecast the effects of changes in fiscal policy.
(b)[13]
Discuss whether a budget deficit should always be a matter for concern.
Economics 9708 · AS & A Level · Fiscal policy
Budget deficits are influenced by fiscal policy. Explain how multiplier analysis might be used to forecast the effects of changes in fiscal policy.
Discuss whether a budget deficit should always be a matter for concern.