Question
ASSIGNMENT TWO On the 26thof February 2020, the Minister of Finance Tito Mboweni, delivered the annual National Budget Speech in Parliament. He announced a number
ASSIGNMENT TWO On the 26thof February 2020, the Minister of Finance Tito Mboweni, delivered the annual National Budget Speech in Parliament. He announced a number of government spending plans and tax initiatives that are likely to have an impact on the economy.
You can analyse this spending plans with theaid ofIS-LM model. Look for the various plans and initiatives in the budget speech and place them under the appropriate headings, as illustrated in the table below
.Spending plans that will move IS to the right
Tax initiatives that will move IS to the right
Tax initiativesthat will move IS to the left
spending plans that will move IS to the left
Anything that will move the LM
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