Which of the following is an example of a discretionary contractionary fiscal policy?
A reduction in the tax-free personal allowance for income tax
An automatic rise in income tax receipts resulting from a period of high economic growth
A sale of short-term government bonds by the central bank to commercial banks
An increase in the threshold of the nil-rate band for residential property transaction taxes
245 exam-style questions on AQA A Level Economics 2.5 Fiscal policy and supply-side policies, covering 2.5.1 Fiscal policy and 2.5.2 Supply-side policies. Each one has a worked solution and a mark scheme showing where the marks go.