Question 25
Question 25 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
4. Government and the mac...
4.3. Fiscal policy

Taxation as the main source of government revenue and the reasons for levying taxation.

2. The allocation of reso...
2.11. Mixed economic system

The implications of other government microeconomic policy measures: regulation; privatisation and nationalisation; and direct provision of goods.