Industrial Policy

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

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1. Is industrial policy an example of a government's microeconomic policy or macroeconomic policy?

  • Microeconomic policy
  • Macroeconomic policy
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Other questions in this quiz

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

  • False
  • True

3. What is a windfall tax?

  • A tax on on unusally high company profits.
  • A direct tax on ONLY electricity companies.
  • A tax on consumer income.
  • A tax on investors.
  • A tax on companies owning windfarms.

4. Which of the following is an example of "public ownership"?

  • NHS
  • Toys R Us
  • Waitrose
  • Barclays Bank
  • Woolworths

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

  • True
  • False

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