Macroeconomics

Table of Contents

1. Topic pack - Macroeconomics - introduction
2. 2.1 The level of overall economic activity (notes)
3. 2.1 The level of overall economic activity (questions)
4. Section 2.2 Aggregate demand and supply (notes)
5. Section 2.2 Aggregate demand and supply (simulations and activities)
6. 2.2 Aggregate Demand and Aggregate Supply (questions)
7. 2.3 Macroeconomic objectives (notes)
8. Low Unemployment
9. 2.3 Macroeconomic objectives (questions)
10. 2.4 Fiscal policy (notes)
11. 2.4 Fiscal policy (questions)
    1. Self-test questions
    2. Short questions
    3. Data response (1)
    4. Data response (2)
    5. Long questions
12. 2.5 Monetary policy (notes)
13. 2.5 Monetary Policy (questions)
14. Section 2.6 Supply-side policies (notes)
15. 2.6 Supply-side policies (questions)
16. Print View

Data response (1)

Read the article The ups and downs of flat taxes and then consider answers to the questions below. You can either read the article in the window below or you can follow the previous link to read the article in a separate window.

Question 1

Distinguish between a progressive and a regressive tax

Question 2

Explain how a pure flat-rate tax would work in practice.

Question 3

Explain why many groups believe that a flat-rate tax will help boost economic growth.

Question 4

Explain what impact a flat-rate tax is likely to have on the level of tax revenue.

Question 5

Analyse the arguments for and against the adoption of a flat-rate tax in your country.