Which one of the following is an example of an expansionary fiscal policy?
A decision by the government or authority to
increase the standard rate of value added tax (VAT)
increase public expenditure on infrastructure project developments
reduce the central bank's main policy interest rate
decrease the statutory national minimum wage
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.