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Economics · May / June 2023 · Paper 11 · Question 4

2281Fiscal policy

Which economic activity would be classified as macroeconomics?

  1. Ahouseholds spend less on holidays abroad
  2. Bincome tax is increased by the government
  3. Cwages rise for construction workers
  4. Dworld coffee price rises due to poor weather

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Correct answer: B. income tax is increased by the government

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