Economics Multiple Choice Question – 13 April 2022

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Economics
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A government reduced the tax on company profits from 28% to 20%.

Which statement best describes this policy?

Select ONE answer:

  1. It is both a contractionary fiscal policy and a supply-side policy.
  2. It is both an expansionary fiscal policy and a supply-side policy.
  3. It is both an expansionary fiscal policy and an expansionary monetary policy.
  4. It is both an expansionary monetary policy and a supply-side policy.

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 2

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

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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