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1.1 Economic methodology and the economic problem

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Question 64

Which one of the following is a positive economic statement?

A

The government ought to prioritize tackling regional productivity gaps over overall national economic growth.

B

A depreciation of the domestic currency leads to a decrease in the volume of imports over time.

C

It is unfair that low-income households spend a larger proportion of their income on indirect taxes.

D

Implementing a maximum price on rented housing is the most effective way to help low-income tenants.

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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