Question 16
Question 16 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

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

policies to redistribute income and wealth: minimum wage, transfer payments, progressive income taxes, inheritance and capital taxes, state provision of essential goods and services

4. The Macroeconomy (AS L...
4.2. Introduction to the circular f...

injections and leakages (multiplier not required)