O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2023 · Q171 Mark

What is an example of a government macroeconomic aim?

Aminimum of 10 years of schooling

Bsales tax of 10% on consumer goods

Ctarget rate of 2% inflation

Dincreasing pay for nurses

✓ Correct answer

C: target rate of 2% inflation

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

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