Economics 9708 · AS & A Level · Maximum and minimum prices

Maximum and minimum prices — practice question

A government lets one firm fail, nationalises a second firm, and persuades a foreign government to make a large investment in a third firm. Which government action has taken place?

  • Anationalisation occurred; privatisation occurred
  • Bnationalisation occurred; privatisation did not occur
  • Cnationalisation did not occur; privatisation occurred
  • Dnationalisation did not occur; privatisation did not occur

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