8 marksGovernment Economic Roles and Macroeconomic Concepts

CSEC Economics · May/June 2007 · Paper 2 · Question 6(d)

For a named Caribbean country, discuss TWO negative effects of a Government budget deficit on the economy.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

6(a)Explain what is meant by 'recession'.[3 marks]
6(b)Describe TWO causes of unemployment.[4 marks]
6(c)Using a supply and demand diagram, illustrate and explain briefly cost-push inflation caused by a labour union successfully negotiating for a higher wage.[5 marks]

More practice: the rest of this paper · more Government Economic Roles and Macroeconomic Concepts questions · all CSEC Economics past papers