IB Economics 3.6.1 Fiscal Policy Flashcards

Flashcards for 3.6.1 Fiscal Policy

These interactive flashcards help IB Economics students Standard Level (SL) and Higher Level (HL) quickly review and memorize the essential definitions, formulas, and terms needed for success in IB Exams.

Each card focuses on 3.6.1 Fiscal Policy and is aligned with the IB Economics syllabus, ensuring focused revision on microeconomics, macroeconomics, and international trade.

Students can test themselves anytime, anywhere, perfect for reinforcing tricky concepts, learning IB terminology, and committing formulas to memory.

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Government increases income taxes. Predict the effect on consumer spending, aggregate demand ( $A D$ ), and real GDP.

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Disposable income decreases.
Consumer spending ( $C$ ) falls.
Aggregate demand ( $A D$ ) and real GDP decrease.

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