Question 4
Question 4 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
1. Basic economic ideas a...
1.1. Scarcity, choice and opportuni...

basic questions of resource allocation: what to produce, how to produce, for whom to produce

8. Government microeconom...
8.3. Labour market forces and gover...

factors affecting the supply of labour to a firm or to an occupation: wage and non-wage factors