Industrial Policy

A quiz with A2 level economics questions on industrial policy (Unit 5 in the AQA syllabus).

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Is industrial policy an example of a government's microeconomic policy or macroeconomic policy?
Microeconomic policy
1 of 4
Deregulation involves implementing barriers to entry, to make markets more contestable. True or false?
False
2 of 4
What is a windfall tax?
A tax on on unusally high company profits.
3 of 4
Government bodies can regulate a monopoly through price controls. True or false?
True
4 of 4

Other cards in this set

Card 2

Front

Deregulation involves implementing barriers to entry, to make markets more contestable. True or false?

Back

False

Card 3

Front

What is a windfall tax?

Back

Preview of the front of card 3

Card 4

Front

Government bodies can regulate a monopoly through price controls. True or false?

Back

Preview of the front of card 4

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