Economics · May / June 2017 · Paper 11 · Question 17
A government intends to improve skills by offering free training to school leavers at age 16 until they reach 18 years. It proposes to pay for this by taxing the profits of firms. Which policies do these proposals involve?
- Aprovision of skills training: fiscal; payment for skills training: fiscal
- Bprovision of skills training: monetary; payment for skills training: monetary
- Cprovision of skills training: supply-side; payment for skills training: fiscal
- Dprovision of skills training: supply-side; payment for skills training: monetary
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Correct answer: C. provision of skills training: supply-side; payment for skills training: fiscal
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