Question 13
Question 13 of 39
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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.

4. Government and the mac...
4.8. Inflation and deflation

The consequences of inflation and deflation for consumers, workers, savers, lenders, firms and the economy as a whole.

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

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