Following a prolonged period of economic instability, a G7 government announced two primary fiscal objectives: to run a balanced budget within a five-year parliamentary term, and to ensure that at least three-quarters of this deficit reduction would be achieved via cuts to public expenditure rather than tax hikes.
Evaluate the view that implementing fiscal deficit reduction primarily through reduced government spending is unnecessary and economically damaging.
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.