IGCSE ECONOMICS UNIT
5 FROM
1. During 2009 some governments adopted policies to try to end the recession in their country and increase economgrowth. Which combination of policies is most likely to achieve this?
A lower taxes and decrease government spending
B lower taxes and increase govern...
, 1. During 2009 some governments adopted policies to try to end the recession in their country and increase econom
growth. Which combination of policies is most likely to achieve this?
A lower taxes and decrease government spending
B lower taxes and increase government spending
C raise taxes and decrease government spending
D raise taxes and increase government spending
2. In the first six months of 2011 a construction company, Morgan Sindall, saw its profits fall. Part of the reason wa
increased competition from foreign competitors. Which government policy is most likely to help such a company?
A increasing benefits to the unemployed
B increasing tax-free allowances on new building projects
C putting a quota on imported raw materials used by the company
D raising interest rates
3. Which are two aims that a Government normally pursues when managing the performance of the whole economy
A to encourage an increase in production and to prevent high inflation
B to ensure no one is unemployed and to reduce exports
C to give everyone equal incomes and to increase government revenues
D to protect the environment and to reduce interest rates
4. In which case is success for the government in achieving the first aim likely to cause problems in achieving the se
5. A government lowers the rate of interest. Who is most likely to be disadvantaged by this policy?
A house buyers
B manufacturers
C retailers
D savers
6. Which is a supply-side policy that would increase output in the long-run?
A an increase in benefit payments
B an increase in places at training colleges
C an increase in the rate of income tax
D an increase in the rate of tax employers pay
7. Russia exports wheat. In 2010, a bad harvest led the Russian government to prevent the export of wheat, to ensur
enough supplies were kept for domestic use. What was the most likely outcome of the government’s action?
A prices were fixed by the wheat producers
B the amount produced was determined by the government
C the price of wheat abroad fell
D there was a redistribution of domestic production
8. A government wishes to stimulate economic recovery. Which action will assist this?
A decreasing government investment
B decreasing income tax
C increasing indirect taxation
D increasing interest rates
9. What is an expansionary monetary policy?
A a decrease in the interest rate
1
This study source was downloaded by 100000837854628 from CourseHero.com on 12-16-2022 03:55:59 GMT -06:00
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.90. You're not tied to anything after your purchase.
