Question 24
Question 24 of 40

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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct

Topics Tested

The impact of taxation on consumers, producers, government and economy as a whole.

Including changes in demand for exports and imports, changes in the rate of interest, speculation, and the entry or departure of MNCs.

How changes in total demand may increase the utilisation of resources and GDP – resulting in a movement from inside toward the PPC.