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1.1 Economic methodology and the economic problem

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Question 14
85%

Which one of the following statements involves a value judgement?

A

A reduction in the rate of corporation tax will lead to an increase in foreign direct investment.

B

Public goods are characterized by non-excludability and non-rivalry.

C

The government ought to subsidise public transport to reduce urban congestion.

D

A rise in the real exchange rate makes exports more expensive for foreign buyers.

Markscheme

1.1 Economic methodology and the economic problem Questions

  1. A Level
  2. /Economics
  3. /1.1 Economic methodology and the economic problem

123 exam-style questions on AQA A Level Economics 1.1 Economic methodology and the economic problem, covering 1.1.1 Economic methodology, 1.1.2 The nature and purpose of economic activity, 1.1.3 Economic resources, 1.1.4 Scarcity, choice and the allocation of resources, and 1.1.5 Production possibility diagrams. Each one has a worked solution and a mark scheme showing where the marks go.

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