O-LevelEconomicsGovernment and the macroeconomy2281/11 · Oct/Nov 2011 · Q171 Mark
In 2009, the Chinese Government tried to increase household spending. Which policy measure would have been most likely to achieve this objective?
Aan increase in both direct and indirect taxes
Breduction in subsidies given to manufacturers
Crequirement for commercial banks to reduce their lending
Dswitch from public to private sector provision of health care and pensions
✓ Correct answer
D: switch from public to private sector provision of health care and pensions
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