O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2022 · Q171 Mark

What is an example of a fiscal policy measure?

Aincreasing the exchange rate

Breducing the power of trade unions

Creducing the rate of corporation tax

Dsetting a lower interest rate

✓ Correct answer

C: reducing the rate of corporation tax

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About this question

Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2022 Paper 1 Variant 1, question 17.

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