Question 7
Question 7 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
4. The Macroeconomy (AS L...
4.1. National income statistics

adjustment of measures from market prices to basic prices

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

3. Government microeconom...
3.1. Reasons for government interve...

controlling prices in markets