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1.1 Economic methodology and the economic problem

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Question 38

Which one of the following is a positive economic statement?

A

The government should increase the top rate of income tax to 50% in order to reduce the level of income inequality.

B

Imposing a congestion charge in urban centres is an unfair penalty on workers who have no access to public transport.

C

A reduction in the rate of Corporation Tax will lead to an increase in the inflow of foreign direct investment.

D

High inflation is a more damaging economic problem for society than high unemployment.

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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