4.2.5 Fiscal policy measures
Topic 4.2.5 - Fiscal policy measures This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand fiscal policy measures in terms of changes in taxes and government spending. Changes in taxes and government spending Recall that a balanced budget exists if the value of the government's revenues matches the value of its expenditure in a given time period. By contrast, an imbalance in...