Fiscal Policy: Threats and Opportunities for Businesses

Fiscal Policy: Threats and Opportunities for Businesses

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video explains fiscal policy, focusing on taxation and government spending. It discusses how these elements impact business performance, highlighting both threats and opportunities. Taxation changes can affect economic activity and profit margins, while government spending can provide opportunities in sectors like healthcare and defense. However, excessive government intervention may crowd out private businesses.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is fiscal policy and what decisions does it encompass?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Chancellor of the UK communicate the fiscal policy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some common terms associated with fiscal policy?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the impact of a budget deficit on business confidence.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential threats and opportunities posed by changes in taxation?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How can government spending create opportunities for businesses?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the concept of 'crowding out' in relation to government spending?

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