O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2024 · Q231 Mark
The table shows changes in economic policies for four countries, A, B, C and D. Which country is most likely to be following a policy of preventing deflation?
Amoney supply: decreasing, government spending: decreasing, taxation: decreasing
Bmoney supply: decreasing, government spending: decreasing, taxation: increasing
Cmoney supply: increasing, government spending: increasing, taxation: decreasing
Dmoney supply: increasing, government spending: increasing, taxation: increasing
✓ Correct answer
C: money supply: increasing, government spending: increasing, taxation: decreasing
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