Question
Consider the following list of possible government policy initiatives for an economy. Choose two policy initiatives and to support or against the policy and record
Consider the following list of possible government policy initiatives for an economy. Choose two policy initiatives and to support or against the policy and record argument(s) with slide using Canvas studio. Remember to consider the short-term and long-term impacts and how this may impact the overall economy/particular sectors...
Policy Initiatives
Introduce excise taxes on all goods and services entering the nation from all trading partners
Introduce a universal basic income (UBI)
Reduce the corporate tax rate
Reduce personal income tax rates for all tier above 120,000
Reduce (or eliminate) the Goods and Services Tax (GST)
Provide (or increase) unemployment benefits or an unemployment insurance programme
Privatise all energy providers in the country
Privatise all public modes of transportation
Change the exchange rate system from flexible to a fixed/pegged
Change the exchange rate system from fixed/pegged to flexible
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