O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2022 · Q161 Mark

Which pair is included in a government's budget?

Aconsumption and factor income

Bexports and imports

Cinvestments and savings

Dpublic expenditure and tax revenue

✓ Correct answer

D: public expenditure and tax revenue

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2022 Paper 1 Variant 2, question 16.

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