A-level Paper 2, June 2019The National and Global Economy

A-level Paper 2, June 2019, Q8

Evaluate the impact of a large fiscal deficit and national debt on a country’s economy.

EssayEvaluateOptional25 marks

Context

Japan’s budget deficit for 2017/18 is expected to be 4.6% of GDP. Its national debt is forecast to increase to above 250% of GDP by 2019.

Specification topics

Public sector finances

Revision notes

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