Spec 9EC0
Revise Edexcel A A Level Economics 2.6.2 Demand-side policies with the question bank, lessons, revision guides, and flashcards.
a) Distinction between monetary and fiscal policy • b) Monetary policy instruments: • interest rates • asset purchases to increase the money supply (quantitative easing) • c) Fiscal policy instruments: • government spending and taxation • d) Distinction between government budget (fiscal) deficit and surplus • e) Distinction between, and examples of, direct and indirect taxation • f) Use of AD/AS diagrams to illustrate demand-side policies
