AQA A Level · 7136 · Paper 2: The national and international economy
4.2.5.1 Fiscal Policy: Part 1: Public Spending
Also AQA AS 7135: 3.2.4.2
Everything you need for questions on fiscal policy and public expenditure, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- Three types of public expenditure
- Where the money goes
- Why size and composition change
- Why the level (% of GDP) matters
- Classic question: should government spending be a larger share of GDP?
- Fiscal policy: stance, stabilisers and the supply side
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Set the spending plan
- Capital, current or transfer?
- Rises or falls?
- Spending trainer
- How big should the state be?
- Build the chain
- Exam practice
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