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Economics · May / June 2023 · Paper 11 · Question 3

2281Factors of production

What is most likely to increase enterprise as a factor of production in an economy?

  1. Aa decrease in government spending on education
  2. Ba decrease in regulation on firms
  3. Can increase in emigration
  4. Dan increase in taxation on firms

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Correct answer: B. a decrease in regulation on firms

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