A2 Tax and Spend

Study Textbook  Anderton Chapters 77 and 78 and Answer worksheets 93, 94, 97 and 98 

Why Tax?
Identify key types of government spending?
Draw an indirect tax on tobacco diagram - indicate incidence of tax for producer and consumer
Produce an expansionary fiscal policy diagram and a separate contractionary diagram.
Using a Lorenz curve indicate pre and post tax lorenz curves, what has happened to the gini co-efficient?
Using two diagrams illustrate discretionary counter cyclical fiscal policies to combat positive output gap and negative output gap scenarios.
What are automatic stabilisers?
What is the multiplier?
What is The Accelerator?

Canons of Tax
How do the canons apply to a fat tax?
http://www.economicshelp.org/blog/5056/economics/pros-and-cons-of-fat-tax/

Answer Q1 and Q2 page 530 Anderton.