Economics A Level: What is a Cyclical Budget Position?

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What is a Cyclical Budget Position?

go kys · Accepted Answer

-This is the Governments Fiscal Stance in the Short Term. This changes where the Economy is in the Economic Cycle. 
-Automatic Stabilisers will create Surpluses during a Boom, and not during a Recession.

Economics A Level

What is a Cyclical Budget Position?

-This is the Governments Fiscal Stance in the Short Term. This changes where the Economy is in the Economic Cycle. -Automatic Stabilisers will create Surpluses during a Boom, and not during a Recession.

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