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Fiscal Policy

Beschreibung

A summary of the Fiscal policies included in the Edexcel Business Studies IGCSE
Noah Swanson
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Zusammenfassung der Ressource

Fiscal Policy
  1. DIRECT TAX
    1. Income Tax
      1. An Increase would result in:
        1. Less Wages
          1. Less Spending
            1. Less Demand
              1. Less Profit
                1. Less Jobs
        2. A Decrease would result in:
          1. More Wages
            1. More Spending
              1. More Demand
                1. More Sales
                  1. Higher Prices
        3. Corporation Tax
          1. An Increase would result in:
            1. Raise Prices
              1. Reduce Profits
                1. Unsatisfied Shareholders
                  1. & Unemployment
              2. A Decrease would result in:
                1. More Profit
                  1. Satisfied Shareholders
            2. GOVERNMENT SPENDING
              1. Increase
                1. More Jobs
                  1. Better Economy
                2. Decrease
                  1. Less Jobs
                    1. Less Spending
                      1. Less Demand
                        1. Businesses Aim To Survive
                3. INDIRECT TAX VAT
                  1. Increase
                    1. Increase Prices
                      1. Less Demand
                        1. Less Sales
                          1. Less Profit
                    2. Decrease
                      1. Increase Prices
                        1. More Profit
                        2. Lower Prices
                          1. More Demand
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