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

Maximum and minimum prices — practice question

A newly established public-sector engineering training college was given poor inspection reports. In response, the government stopped paying the college the money it had normally received as its annual grant. Which types of government policy are suggested by this statement?

  • Afiscal and monetary policies only
  • Bfiscal and supply-side policies only
  • Cfiscal, monetary and supply-side policies
  • Dmonetary and supply-side policies only

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