1. Since 2010, the UK government has made some progress in reducing the budget deficit by implementing a tight fiscal po
Posted: Sun Jun 05, 2022 11:32 am
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1. Since 2010, the UK government has made some progress in reducing the budget deficit by implementing a tight fiscal policy. The deficit has fallen from 9.9 % of GDP (post war) to almost 2% of GDP in 2017-18. Using an appropriate diagram, evaluate the effects of pursuing such a policy on other macro-economic objectives.