Economics · Oct / Nov 2022 · Paper 13 · Question 25
2281Poverty
Which combination of government actions is most likely to raise the living standards of lower income groups in an economy?
- Aincrease indirect tax, increase spending on healthcare, decrease personal tax-free allowance
- Bincrease indirect tax, decrease spending on healthcare, increase personal tax-free allowance
- Creduce indirect tax, increase spending on healthcare, decrease personal tax-free allowance
- Dreduce indirect tax, increase spending on healthcare, increase personal tax-free allowance
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Correct answer: D. reduce indirect tax, increase spending on healthcare, increase personal tax-free allowance
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