O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2019 · Q241 Mark

Which policy is most likely to reduce relative poverty?

Amake income tax rates less progressive

Breduce benefit payments

Creduce the minimum wage

Dreduce the rate of sales tax

✓ Correct answer

D: reduce the rate of sales tax

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2019 Paper 1 Variant 1, question 24.

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