Economics (AS & A Level) · Oct / Nov 2023 · Paper 13 · Question 28
Which combination of initial equilibrium and supply-side policy is likely to be least effective when attempting to increase the real output of an economy?
- Abelow full employment; abolition of national minimum wage
- Bbelow full employment; extra spending on training
- Cfull employment; extra investment in infrastructure
- Dfull employment; reduction in the rate of income tax
As printed in the paper
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Correct answer: A. below full employment; abolition of national minimum wage
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