Answer these questions.Topic is Fiscal Policy

3. Explain why 'the decit has fallen but national debt has increased' Economic Growth (% change in GDP) 6%% 3.7% 4% 3.3% 3.1% 2.5% 2.5 2.4% 2.5% 2.4% 3.1% 2% 2.1% 2.3% 1.7% 1 5 1.5% 1.9% 1.9% 1:3% 1.4% Annual growth 0% 0.5% -2% -4% 4.29 -6% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 4. Using the diagram on economic growth explain the automatic stabiliser effect, changes in and 2010. annual GDP growth would have on tax revenue and government spending between 2008