Question 2
Question 2 of 30
Question image for Q2
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
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...
8.2. Equity and redistribution of i...

distinction between absolute poverty and relative poverty

1. Basic economic ideas a...
1.2. Economic methodology

positive and normative statements (the distinction between facts and value judgements)

3. Government microeconom...
3.3. Addressing income and wealth i...

economic reasons for inequality of income and wealth