Economics class: The mini-Budget is taking great risks with the public finances
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This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.
Fiscal policy, inflation
Click to read the article below and then answer the questions:
Distinguish between i) national insurance contributions; and ii) corporation taxes
Briefly outline the role of the Office for Budget Responsibility
Using a diagram, analyse the effects of tax reductions on employment
Evaluate whether the government’s borrow and spend attitude is inimical to inflation
Gavin Clarke, Emmanuel College