CIMA Fundamentals of Business Economics BA1 Question # 33 Topic 4 Discussion

CIMA Fundamentals of Business Economics BA1 Question # 33 Topic 4 Discussion

BA1 Exam Topic 4 Question 33 Discussion:
Question #: 33
Topic #: 4

If a government adopted an expansionary fiscal policy of cutting direct taxes, the businesses that would benefit most would be those whose products:


A.

Are largely bought on credit


B.

Are largely exported


C.

Have a high price elasticity of demand


D.

Are sold mainly to individual consumers


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