Question 17
Question 17 of 30
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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
8. Government microeconom...
8.3. Labour market forces and gover...

transfer earnings and economic rent: definition of transfer earnings, definition of economic rent, factors affecting transfer earnings and economic rent in an occupation

8. Government microeconom...
8.2. Equity and redistribution of i...

policies towards equity and equality, for example: negative income tax, universal benefits and means-tested benefits, universal basic income

11. International economi...
11.1. Policies to correct disequili...

difference between expenditure-switching and expenditure-reducing policies