O-LevelEconomicsGovernment and the macroeconomy2281/12 · May/June 2025 · Q191 Mark

What is not a likely consequence of a rise in the budget deficit in a year?

Arise in government borrowing

Brise in the level of exports

Crise in the national debt

Drise in the rate of inflation

✓ Correct answer

B: rise in the level of exports

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2025 Paper 1 Variant 2, question 19.

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