A-LevelEconomicsGovernment macroeconomic intervention9708/33 · Oct/Nov 2017 · Q281 Mark

What is an appropriate government policy for closing a deflationary gap?

28A an increase in the rate of interest B an open market sale of bonds C an increase in government spending D an increase in income tax[1]

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2017). The mark or mark type is shown in brackets.

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Topic: Government macroeconomic intervention, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2017 Paper 3 Variant 3, question 28.

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