Economics A-Level
Fiscal position
What Fiscal position means in Economics A-Level, as defined for AQA.
Definition of Fiscal position
Check what you remember
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Reference: AQA
Worsened by unemployment, which reduces income tax receipts while increasing expenditure on welfare benefits.
Topics that use Fiscal position
- Employment and unemployment (AQA A-Level)
Related terms
- Causes of unemployment
- Claimant Count
- Cyclical unemployment
- Frictional unemployment
- Labour Force Survey
- Labour market rigidities
- Labour mobility
- Living standards
Using Fiscal position in the exam
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