Question 28
Question 28 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
5. Government macroeconom...
5.2. Fiscal policy

AD/AS analysis of the impact of expansionary and contractionary fiscal policy on the equilibrium level of national income and the level of real output, the price level and employment

5. Government macroeconom...
5.4. Supply-side policy

AD/AS analysis of the impact of supply-side policy on the equilibrium national income and the level of real output, the price level and employment

10. Government macroecono...
10.3. Effectiveness of policy optio...

effectiveness of different policies in relation to different macroeconomic objectives: fiscal policy including Laffer curve analysis, monetary policy, supply-side policy including market-based and interventionist policies, exchange rate policy, international trade policy