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
4. Government and the mac...
4.1. The role of government

Locally, nationally and internationally.

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.

4. Government and the mac...
4.2. The macroeconomic aims of gove...

Possible conflicts between aims: full employment versus stable prices; economic growth versus balance of payments stability; and full employment versus balance of payments stability.