Business A-Level
Fiscal policy
What Fiscal policy means in Business A-Level, as defined for AQA.
Definition of Fiscal policy
Check what you remember
Read the wording for your board, then hide it and explain Fiscal policy in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
It uses government spending and taxation, so for example lower corporation tax boosts retained profit.
Topics that use Fiscal policy
- Analysing the external environment to assess opportunities and threats: economic change (AQA A-Level)
Related terms
Using Fiscal policy in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Business A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge