Economics Multiple Choice Question – 5 January 2022

What is the best example of an expansionary supply-side policy?

Select ONE answer:

1. the Argentinian central bank’s decision to cut the interest rate in 2018
2. the US president’s plan to cut income tax rates in 2017
3. the UK government’s plan to build 500 new schools by 2020
4. the Chinese government’s decision to devalue their currency by almost 7% in 2016

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct
4. Not correct

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