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The economic problem

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Question 16

Which of the following is a positive economic statement?

An increase in the national minimum wage to £15 per hour is the fairest way to reduce relative poverty.

The government ought to prioritise funding for mental health services over physical health treatments in the next budget.

Imposing a 20%20\%20% tariff on imported steel will lead to a reduction in domestic employment in the manufacturing sector.

It is unacceptable that the top 1%1\%1% of earners hold more wealth than the bottom 50%50\%50% of the population combined.

The economic problem Questions

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