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Unit 4.3 - Paper 2 Exam Practice Questions

Unit 4.3 - Paper 2 Exam Practice QuestionsAnswers(a) Define the term fiscal policy. [2]Fiscal policy refers to the use of government spending and taxation policies [1] to influence the overall level of economic activity [1] and for achieving the country"s macroeconomic objectives [1].(b) Give two examples of sources of government revenue, other than taxation. [2]Possible answers could include:

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