ATARMAxxing · WACE Economics revision notes
Fiscal objectives, budget outcomes, automatic stabilisers, discretion and debt finance
Fiscal policy
What this note covers
- Objectives and instruments
- Calculate and interpret budget outcomes
- Explain automatic stabilisers
- Analyse discretionary fiscal action
- Debt finance and sustainability
- Form a fiscal-policy judgement
6 sections · 10 key terms & formulas · 6 common mistakes
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