O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2023 · Q171 Mark

What is an example of government macroeconomic policy?

Aincreasing the money supply

Bpreventing price rises in the food industry

Cremoving a monopoly's barriers to entry

Dsetting a maximum price for wheat

✓ Correct answer

A: increasing the money supply

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2023 Paper 1 Variant 2, question 17.

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