Economics class: UK government borrowing overshoots in blow to Rachel Reeves
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Specification:
Fiscal policy
Click to read the article and then answer the questions:
UK government borrowing overshoots in blow to Rachel Reeves
Explain why next month’s Budget is expected to contain “painful tax rises and spending cuts”
How do the August 2024 borrowing figures compare with previous data?
State the debt-based fiscal rule
Explain why Andy Haldane thinks that the debt-based fiscal rule “requires some surgery”
With reference to the chart, compare public debt during the period shown
Identify the fiscal rules which are cited at the end of the article
Analyse the costs associated with rising levels of public debt
Gavin Clarke, Emmanuel College
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