Economics 2281 · O Level · Living standards

Living standards — practice question

Which mix of government measures is most likely to improve the living standards of lower-income groups in an economy?

  • Aindirect tax: increase; spending on healthcare: increase; personal tax-free allowance: decrease
  • Bindirect tax: increase; spending on healthcare: decrease; personal tax-free allowance: increase
  • Cindirect tax: reduce; spending on healthcare: increase; personal tax-free allowance: decrease
  • Dindirect tax: reduce; spending on healthcare: increase; personal tax-free allowance: increase

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