For Wed 4th March, read the first article from the handout - 'What might the impact of the recent increase in the UK tax burden as a % of GDP'.
For Fri 6th March - June 2006 past paper questions:
a) Explain how an increase in a government’s budget deficit might affect an
economy [10]
b) Discuss the extent to which a change in the performance of the UK economy
might cause the government’s budget deficit or surplus to change [15]
