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Economic Growth and Sustainability

  •  English    10     Public
    Grade 12 A Level Economics
  •   Study   Slideshow
  • 1. A government wants to introduce a policy that will reduce the pollution caused by the production of goods. Which policy would not make use of market forces?
    B
  •  15
  • 2. If an economy is currently at point X on each diagram, what is the most likely conclusion that can be made based on this evidence?
    C
  •  15
  • 3. Which combination of policies would be most likely to bring a country out of recession?
    A
  •  15
  • 4. Which government policy to counter the effects of income inequality is correctly matched with one of its advantages and one of its disadvantages?
    A
  •  15
  • 5. Under which circumstances will a subsidy from the government be most beneficial if there are externalities from producing good X?
    D
  •  15
  • 6. What might decrease if a closed economy with a government sector decides to allow international trade?
    D
  •  15
  • 7. Which combination of fiscal policy measures would be most effective in reducing income inequality?
    B
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  • 8. What is likely to happen when the productive capacity of a free enterprise economy increases over a long period of time?
    C
  •  15
  • 9. A government wishes to support growth in the economy’s fishing industry. Which policy is likely to achieve sustainable growth in the fishing industry?
    D
  •  15
  • 10. Which policy by Middle Eastern countries would be least likely to achieve this economic growth in low-income countries?
    D
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