Spec 7136
Revise AQA A Level Economics 2.5 Fiscal policy and supply-side policies with the question bank and revision guides.
Fiscal policy involves the manipulation of government spending, taxation and the budget balance. • Fiscal policy can have both macroeconomic and microeconomic functions. • How fiscal policy can be used to influence aggregate demand. • How fiscal policy can be used to influence aggregate supply. • How government spending and taxation can affect the pattern of economic activity.