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ScotlandEconomicsQuick questions

UK Economic Activity

Quick questions on Government policies: fiscal, monetary and supply-side - SQA Higher Economics

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Name the three main types of government policy and state who sets monetary policy in the UK. [2 marks]
What is q2?
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Explain one limitation of using expansionary fiscal policy to boost growth. [3 marks]

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