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rsbains rsbains
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Posts: 475
4 years ago
The UK Coalition government's approach to fiscal policy was to

▸ balance the budget within five years.

▸ reduce the size of the deficit in order to reduce aggregate demand and thereby reduce inflation.

▸ stimulate aggregate demand to ensure that the country continued to grow.

▸ reduce the size of the deficit in order to maintain international confidence.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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DWFG2796DWFG2796
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Posts: 368
4 years ago
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rsbains Author
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4 years ago
Thanks
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Brilliant
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2 hours ago
this is exactly what I needed
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