Q1 · 2022 · External assessmentUnclassified1 mark
QUESTION 1
What is the primary aim of microeconomic reform?
(A) improve living standards
(B) reduce income inequality
(C) increase economic efficiency
(D) decrease demand-pull inflation
WORKED SOLUTION
1 markAnswer C
OFFICIAL ANSWERC
QCAA awards 1 mark for selecting option C.
Correct option from the official QCAA answer key.