O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2014 · Q281 Mark

The Sri Lankan government decides to offer financial support to local firms. Of what is this an example?

Aquota

Bsubsidy

Ctariff

Dexchange control

✓ Correct answer

B: subsidy

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2014 Paper 1 Variant 1, question 28.

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