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1.1 Economic methodology and the economic problem

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Question 61

Which one of the following statements is a positive statement?

A

The government should increase the top rate of income tax to 50%50\%50% to create a fairer society.

B

Congestion charging in city centres is an unfair tax on lower-income workers who must commute.

C

A reduction in the rate of Corporation Tax from 25%25\%25% to 19%19\%19%, ceteris paribus, leads to an increase in foreign direct investment.

D

It is better for the government to subsidise public transport than to invest in new motorway infrastructure.

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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