Economics A-Level
Indirect taxes
What Indirect taxes means in Economics A-Level, as defined for AQA.
Definition of Indirect taxes
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Reference: AQA
Levied on expenditure, specifically on goods and services, and the economic burden can be shifted to the consumer through higher prices.
Topics that use Indirect taxes
- Fiscal policy (AQA A-Level)
Related terms
- Aggregate demand and supply
- Aggregate supply
- Automatic stabilisers
- Budget balance
- Budget deficit
- Budget surplus
- Crowding out
- Direct taxes
Using Indirect taxes in the exam
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