The Student Room Group
The DRQ was on Government spending
1.
(a) Explain the phrase 'balancing the budget'
(b) Describe the actual and forecast changes in the UK's fiscal position for the period shown
(c) Analyse benefits which may arise from sustained increases in public sector spending
(d) Evaluate the possible economic problems for the UK arising from the change in the Gov's fiscal position as illustrated in the data.

EQs
2. (a) Explain what factrs might increase the underlying rate of economic growth
(b) An international enviromnental pressure group has proposed that governments should seek to limit economic growth in order to reduce the costs that such growth creates. evaluate the case for such a proposal.

3. (a) Explain why difficulties may arise when attempting to maintain a low rate of inflation as an economy approaches full employment.
(b) In recent years, the UK economy has mainatined low infaltion as unemplyment has fallen. Evaluate the reasons for such an occurrence.

4. "For its supporters, globalisation describes a dream of opportunity and prosperity. For its opponents it denotes a nightmare of greed and ineqiality."
(a) Explain the term 'globalisation' and the factors which may have contributed to the poocess.
(b) Evaluate the view that, although globalisation has brought benefits to the UK economy, it has not been without significant costs.

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