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The economic problem

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Question 12

Which of the following is a positive economic statement?

A

High inflation is the worst economic policy outcome a country can face.

B

The government should allocate more of its budget to healthcare than to defense.

C

An increase in the tariff on imported steel will raise its domestic price.

D

It is unfair that high earners pay a lower percentage of geographically-assigned indirect taxes.

Markscheme

The economic problem Questions

  1. A Level
  2. /Economics
  3. /The economic problem

53 exam-style questions on OCR A Level Economics The economic problem. Each one has a worked solution and a mark scheme showing where the marks go.

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