(b) Perform a comparative analysis of the composition of the items of budget and expenditure over
the 15-year period between the two countries chosen and comment on how these have changed
over the period. (400 words) (10 marks)
(c) How has the global financial crisis (GFC) affected the budgets of the two countries? In your
answer consider how the use of fiscal policy during the GFC impacted the budget deficit/surplus.
The period of the GFC is 2007 to 2009. (500 words) (12.5 marks)
(d) Discuss attempts that have been made by the authorities to reduce budget deficits post – GFC
(from 2010 to 2018). Were they successful in their endeavour? (400 words) (10 marks)
(e) Using academic literature perform a comparative discussion that evaluates how successful the
two countries used fiscal policy to pursue objectives of sound macroeconomic management post
GFC until the end of 2018. (500 words) (12.5 marks)
The post Perform comparative analysis of composition of item appeared first on My Assignment Online.
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