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Austerity is the name used for government ficsal policy which is aimed at reducing a government's deficit (or borrowing). Fiscal austerity can be achieved through increases in government revenues - primarily via direct and indirect tax rises - and/or a reduction in government spending or future spending commitments.

Topic Teaching Resources

Individual teaching resources for delivering specific topics, including teaching instructions.

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    Fiscal Budget Time

    • SKU: 02-4128-10495-01
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