Note AcademyNote Academy

Economics (AS & A Level) · Feb / March 2023 · Paper 12 · Question 15

9708Supply-side policy

A government is faced with rising inflation. It wishes to reduce inflationary pressure while avoiding a fall in output. Which action is most likely to meet its needs?

  1. Aan increase in laws to promote competition
  2. Ban increase in taxation
  3. Can increase in the budget surplus
  4. Dan increase in the exchange rate

As printed in the paper

Show the answer

Correct answer: A. an increase in laws to promote competition

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.