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O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2021 · Q201 Mark

Which supply-side policy measure would help to match the skills of workers to job vacancies?

Aencouraging the modernisation of factories
Boffering retraining to unemployed workers
Creducing taxes to provide incentives to work
Dreplacing government enterprises with private enterprises

✓ Correct answer

B: offering retraining to unemployed workers

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Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2021 Paper 1 Variant 2, question 20.

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