MYTUTOR SUBJECT ANSWERS

86 views

Discuss whether a reduction in taxation will always increase a country’s economic growth rate.

Answers should discuss role of different forms of taxation e.g., income tax, corporation tax, VAT.

Better answers will evaluate the potential limitations, and cases in which a reducation may or may not be effective. 

e.g., bringing in concepts such as Ricardian equivalence (consumers are forward-looking, so a reduction is taxation is saved to buffer against future tax increases)

e.g., substitution effects (the tax reduction makes people work less)

e.g., specific types / targeted tax (tax cuts for the poor/rich)

Andrew L. A Level Economics tutor, GCSE Economics tutor, IB Economics...

2 months ago

Answered by Andrew, an A Level Economics tutor with MyTutor


Still stuck? Get one-to-one help from a personally interviewed subject specialist

45 SUBJECT SPECIALISTS

£22 /hr

David L.

Degree: Economics (Bachelors) - LSE University

Subjects offered: Economics, Music+ 4 more

Economics
Music
Maths
Extended Project Qualification
English
-Personal Statements-

“I am a currently a student studying BSc Economics at the London School of Economics. I have had an exemplar academic record, achieving two A*s and three As at A-Level in Maths, Further Maths, Economics, Music and EPQ; and the equivale...”

£20 /hr

Shona S.

Degree: Economics (Bachelors) - Birmingham University

Subjects offered: Economics, Maths+ 1 more

Economics
Maths
Biology

“I am a second year Economics student, studying at University of Birmingham. At school I studied Economics, Maths and Biology for A levels and having enjoyed learning them, so I feel I will be able to enthusiastically teach these subje...”

£30 /hr

Ayesha S.

Degree: Bsc Government and Economics (Bachelors) - LSE University

Subjects offered: Economics, Maths+ 1 more

Economics
Maths
English Literature

“Hello! I am an LSE undergraduate student, studying Bsc in Government and Economics. I have tutored a number of students of various calibers and age groups, including Deaf Children, GCSE students and 4 grade onwards.My former tutoring...”

About the author

£24 /hr

Andrew L.

Degree: MSc Sociology (Masters) - Oxford, Jesus College University

Subjects offered: Economics, Sociology+ 8 more

Economics
Sociology
Maths
History
English Literature
English Language
.TSA. Oxford.
-Personal Statements-
-Oxbridge Preparation-

“Hello, I've completed both undergraduate (Economics & Management) and postgraduate (Sociology) degrees at the University of Oxford. Whilst back in Warwickshire, I'd like to offer my skills and expertise to help students achieve their ...”

MyTutor guarantee

You may also like...

Other A Level Economics questions

What is fiscal policy?

Why is the concept of the “marginal “ so important in economics?

What are the likely impacts of a sustained budget deficit for an economy?

How many diagrams is it best to use in an extended essay?

View A Level Economics tutors

Cookies:

We use cookies to improve our service. By continuing to use this website, we'll assume that you're OK with this. Dismiss

mtw:mercury1:status:ok