Sunday, 21 June 2015

Cima C04 Exam Question No 12

Question No 12:

An expansionary fiscal policy would be most likely to reduce unemployment if the country had:

A.
A high marginal propensity to import
B.
A low marginal propensity to save.
C.
A high marginal tax rate.
D.
A low marginal propensity to consume.

Answer: A

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