Economics 9708 · AS & A Level · Market failure

Market failure — practice question

Which government measure would conflict with the named economic target?

  • Atarget: lower price inflation; action: lower exchange rate
  • Btarget: more consumer spending; action: lower interest rates
  • Ctarget: more equal incomes; action: lower indirect tax rate
  • Dtarget: reduced import levels; action: smaller trade quotas

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