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In which of the following situations are companies LEAST LIKELY to cause inflation?CorrectIncorrect
Noticing private schools increase their fees dramatically, the government steps in to introduce a
ceiling to the fees. How can the government now help this market reach equilibrium?
i. Increase the tax on private school owners
ii. Advertise actively to increase demand for education
iii. Reduce infrastructure requirements for private schools
iv. Attract students to government schools
v. Help poor students attend private schools by supporting their feesCorrectIncorrect
Which of the following is NOT a feature of a Command Economy? Choose the CLOSEST option.CorrectIncorrect