A-LevelEconomicsGovernment macroeconomic intervention9708/12 · May/June 2017 · Q291 Mark
What is an example of an expenditure-dampening policy?
Aan increase in income tax rates
Ban increase in the level of import tariffs
Can upward revaluation of the exchange rate
Dthe introduction of import quotas
✓ Correct answer
A: an increase in income tax rates
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