‘Government policy objectives can often conflict with one another, making it difficult for policy makers to achieve all their macroeconomic goals simultaneously.’
Explain how a persistent budget deficit in an economy might influence that economy's balance of payments on current account.
327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.