Quelpr

CAPE Economics Unit 2 · 2006 · Paper 1 · Question 10(a)(i)

Distinguish between a budget surplus and a budget deficit.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 10(a)(ii)Distinguish between budget deficit and national debt.[2 marks]
  2. 10(b)State TWO ways by which a country can reduce its debt burden.[2 marks]

More practice: the rest of this paper · more Fiscal Policy questions · all CAPE Economics Unit 2 past papers