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https://pearsonblog.campaignserver.co.uk/a-spring-dose-of-fiscal-policy/ 1. Are the changes made to national insurance by the Chancellor progressive or regressive? Could they have been made more progressive and, if so,

https://pearsonblog.campaignserver.co.uk/a-spring-dose-of-fiscal-policy/

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1. Are the changes made to national insurance by the Chancellor progressive or regressive? Could they have been made more progressive and, if so, how? 2. What are the arguments for and against cutting income tax from 20% to 19% in two years' time rather than reversing the current increases in national insurance at that point? 3. What will determine how rapidly (if at all) public-sector borrowing decreases over the next few years? 4. What are automatic fiscal stabilisers? How does their effect vary with the rate of inflation? 5. Examine the public finances of another country. Are the issues similar to those in the UK? Recommend fiscal policy measures for your chosen country and provide a justification

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