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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2018 · Q161 Mark

A government aims to reduce unemployment through a supply-side policy measure. Which measure would it use?

AIt would increase government spending.
BIt would increase tariffs on imported goods and services.
CIt would introduce retraining schemes.
DIt would reduce the rate of interest.

✓ Correct answer

C: It would introduce retraining schemes.

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2018 Paper 1 Variant 2, question 16.

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