Economics 9708 · AS & A Level · Short-run costs

Short-run costs — practice question

Which combination of government policies is most likely to influence inter-generational equity?

  • Aa fall in overseas aid expenditure and a rise in domestic military spending
  • Ba fall in the top rate of income tax and a rise in the sales tax (VAT) on luxury goods
  • Ca rise in educational maintenance allowances and a fall in state pensions
  • Da rise in unemployment benefits and a rise in national insurance contributions

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