Question 14
Question 14 of 30
Question image for Q14
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...
8.3. 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

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

circular flow of income in a closed economy and an open economy: the flow of income between households, firms and government and the international economy

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

difference between expenditure-switching and expenditure-reducing policies