Unit 2.7(1): Governments in markets - tax and subsidy

IB Economics: Unit 2.7(1): Governments in markets - tax and subsidy

Governments play an important role in all economies. With average government spending in many countries of over 40 percent of GDP you can see how influential governments are in the economies of different countries. This is a macroeconomic way of looking at levels of government intervention, but government are heavily involved at a microeconomic level as well through taxes and subsidies.The link to the attached pdf is...


To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.