Which one of the following policy changes represents a contractionary fiscal policy measure?
A reduction in the standard rate of Value Added Tax (VAT)
An increase in national insurance contribution rates
An increase in government capital investment on transport infrastructure
A reduction in the central bank's base interest rate
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.