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Notes in
Eco Unit 4
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london-tennessee-king-fillet-helium-bacon
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08/10/2024
If AD increases
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If AD decreases
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AS increases
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AS decreases
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Economic Growth
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GDP
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HIgh income Tax..
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Low Income tax
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High consumer confidence...
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Higher Profits...
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When in Downturn and Upturn...
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When overseas economies have high consumer confidence...
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When domestic economy is strong...
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Increase in domestic exchange rate...
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Cyclical Unemployment
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Weaknesses of CPI
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Why does the government use Fiscal Policy?
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Expansionary Fiscal Policy
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Contractionary Fiscal Policy
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Budget Deficit
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Fiscal policy needed for budget deficit
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Budget Surplus
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Fiscal policy needed for budget surplus
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Balanced Budget
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Non-tax revenue
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Import/Customs Duty
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Excise duty
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Income tax
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Company Tax
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Superannuation funds tax
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GST
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Sales Tax
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Payroll tax
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Superannuation
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Why is superannuation important
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When is superannuation able to be withdrawed
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Short term disadvantages of superannuation for employees
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Short term disadvantages of superannuation for employers
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Long term disadvantage of superannuation
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Short term advantages of superannuation for employees
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08/10/2024
Long term advantages of superannuation for employees
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08/10/2024
Long term advantages of superannuation for government
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