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What is fiscal policy?

Fiscal policy is the government's adjustments in taxation and government spending in order to influence the economy. For example, an increase in taxation and a reduction in government spending would reduce d...
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Answered by Danny O. Economics tutor
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Why is supply side policy used a lot in modern economies?

Supply Side policy is basically anything that improves the long run growth of an economy. By that, we mean, anything that can help it grow in the long run sustainably, thereby avoiding 'bad' inflationary pre...
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Answered by Will O. Economics tutor
4192 Views

What is the Current Account

The current account is a section in the Balance of Payments, which shows a country's transactions with goods, services and income. It is made up of four different parts. 1) The balance of trade in goods 2) T...
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Answered by Sahiti S. Economics tutor
6445 Views

Is there a way to find out a nouns gender?

Although it may seem that the gender of French nouns is random and you have to memorise each, there is a simple way of using the word's ending to gauge it's gender. Masculine Endings: -age -ment -il , -ail ,...
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Answered by Caitlin B. Economics tutor
3538 Views

What is protectionism?

Protectionism is a government philosophy towards foreign trade. According to this philosophy, governments should use tariffs and quotas to protect domestic firms from foreign competition. Protectionist trade...
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Answered by Kathryn C. Economics tutor
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