AQA•GCSE•Economics
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How the Government Manages the Economy
Fiscal, monetary, and supply-side policies
Practice 37 subtopics in How the Government Manages the Economy. All questions match the AQA GCSE specification.
About How the Government Manages the Economy
How the Government Manages the Economy is a key topic in the AQA GCSE Economicsspecification. This topic covers fiscal, monetary, and supply-side policies.
Master all 37 subtopics below with unlimited AI-generated questions. Each subtopic page includes sample questions and the ability to generate unlimited practice questions with detailed solutions.
All Subtopics (37)
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Definition of fiscal policyGovernment spendingTypes of government spendingCurrent spendingCapital spendingTaxationDirect taxesIndirect taxesProgressive taxesRegressive taxesProportional taxesBudget deficitBudget surplusNational debtExpansionary fiscal policyContractionary fiscal policyDefinition of monetary policyRole of Bank of EnglandMonetary Policy Committee (MPC)Interest ratesBase rateEffect of interest rate changesInterest rates and borrowingInterest rates and savingInterest rates and exchange rateInterest rates and inflationQuantitative easingDefinition of supply-side policiesEducation and trainingLabour market reformsReducing trade union powerReducing benefitsInfrastructure investmentResearch and developmentDeregulationPrivatisationTax incentives
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