Which of the following describes the operation of an automatic stabiliser during a period of rapid economic expansion?
A discretionary reduction in the standard rate of corporation tax
An automatic increase in government tax receipts from progressive income taxes
A decision by the central bank to increase interest rates to control inflation
A government policy to increase the national minimum wage
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.