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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2019 · Q191 Mark

How would government spending on education be classified?

Afiscal policy: no, monetary policy: no, supply-side policy: yes
Bfiscal policy: no, monetary policy: yes, supply-side policy: no
Cfiscal policy: yes, monetary policy: no, supply-side policy: yes
Dfiscal policy: yes, monetary policy: yes, supply-side policy: no

✓ Correct answer

C: fiscal policy: yes, monetary policy: no, supply-side policy: yes

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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 2019 Paper 1 Variant 2, question 19.

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