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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2020 · Q221 Mark

An economy is experiencing rising prices. Which government policy will help reduce consumer expenditure?

Aintroducing compulsory saving for income earners
Binvesting more in building infrastructure
Cissuing more banknotes and coins
Dreducing indirect taxes

✓ Correct answer

A: introducing compulsory saving for income earners

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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 2020 Paper 1 Variant 2, question 22.

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