Question 11
Question 11 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
3. Microeconomic decision...
3.1. Money and banking

The role and importance of central banks and commercial banks for government, producers and consumers.

3. Microeconomic decision...
3.5. Firms

In terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms.

2. The allocation of reso...
2.9. Market economic system

Including examples of how it works in a variety of different countries.