O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2019 · Q181 Mark
Which combination of policy measures would be effective in reducing the effects of a recession?
Areduction in interest rates and a reduction in income tax
Breduction in interest rates and an increase in income tax
Can increase in interest rates and a reduction in income tax
Dan increase in interest rates and an increase in income tax
✓ Correct answer
A: reduction in interest rates and a reduction in income tax
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