In Canada, the federal government introduced a comprehensive fiscal reform package. This included increasing the corporate income tax rate on large multinational corporations, implementing an economy-wide carbon emissions tax on heavy industrial emitters, and levying a new luxury goods tax on high-value imported consumer items such as yachts and supercars.
Evaluate, using appropriate diagrammatic analysis, the likely effects of this fiscal package on the Canadian government's ability to achieve its main macroeconomic objectives.
68 exam-style questions on OCR A Level Economics Fiscal policy. Each one has a worked solution and a mark scheme showing where the marks go.