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
5. Government macroeconom...
5.1. Government macroeconomic polic...

use of government policy to achieve macroeconomic objectives: price stability, low unemployment, economic growth (policy conflicts and trade-offs are not required)

10. Government macroecono...
10.1. Government macroeconomic poli...

objectives in terms of inflation, balance of payments, unemployment, growth, development, sustainability and redistribution of income and wealth

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

existence of government failure in macroeconomic policies