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1.1 Economic foundations

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Question 4
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The government pays grants to bus companies, allowing them to reduce fares, and households then make more bus journeys. Which sequence best describes these interactions?

[1]
A

Consumers influence government, which then removes every producer

B

Government influences producers, whose decisions then influence consumers

C

Producers tax consumers, who then provide grants to government

D

Workers replace government as one of the three main economic groups

Markscheme

1.1 Economic foundations Questions

  1. GCSE
  2. /Economics
  3. /1.1 Economic foundations

81 exam-style questions on AQA GCSE Economics 1.1 Economic foundations, covering 1.1.1a Needs and wants, 1.1.1b The central purpose of economic activity, 1.1.1c Key economic decisions, 1.1.1d The main economic groups, 1.1.2a The nature of an economic resource, 1.1.2b The four factors of production, 1.1.3a The basic economic problem and making choices, and 1.1.3b Opportunity cost. Each one has a worked solution and a mark scheme showing where the marks go.

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