CLEAN: Britain raises sale tax in government move to slash deficit

CLEAN: Britain raises sale tax in government move to slash deficit

Assessment

Interactive Video

Other

10th Grade - University

Hard

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The video discusses the impact of economic policies on the UK's growth, highlighting the effects of fiscal consolidation and tax increases, particularly on the poorest in society. It examines the temporary effects of a VAT increase and its alignment with European standards, suggesting that inflation will stabilize by 2012.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of cutting back on public sector expenditures?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does fiscal consolidation affect the poorest members of society?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of the VAT increase on economic growth in the UK?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the temporary effects of the VAT increase mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the VAT increase align the UK with the rest of Europe?

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