Unit 2 - The UK economy - performance and policies
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Unit 2 - The UK economy - performance and policies
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UNIT ASSESSMENT
Edexcel A Level
Economics (A)
Unit Assessment
2.6 Macroeconomic
Objectives and Policies
(Edition 1)
Time: 70 minutes
Maximum marks: 55
Name
Centre Name
, Edexcel A Level Economics (A)
Unit Assessment – 2.6 Macroeconomic Objectives and
Policies
Total marks: 55 Time Allowed: 70 minutes
Section A
ANSWER ALL THE QUESTIONS
1a Outline the difference between monetary and fiscal demand-side policies.
(2 marks)
1b Which of the following is the most appropriate definition of a “balanced budget”?
A Government spending is equal to tax revenue raised o
B Value of exports is equal to the value of imports o
C The national debt is zero o
D Aggregate demand is equal to aggregate supply o
(1 mark)
1c Give an example of i) a direct tax and ii) an indirect tax.
(2 marks)
i) Direct tax:
ii) Indirect tax:
Page 2 Edexcel A Level Economics (A) Unit Assessment www.tutor2u.net/economics
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