Economics (AS & A Level) · Oct / Nov 2022 · Paper 31 · Question 30

An economy is operating at full employment. Which policy is most likely to lead to an increase in real national output without an increase in the rate of inflation in the short term?

1. Aadditional spending on subsidies to increase export earnings
2. Bthe central bank introduces quantitative easing
3. Clabour market reforms result in increased output per hour worked
4. Dthe government reduces income tax rates

As printed in the paper