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1.1 Economic foundations

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Question 12

A farmer rents a field, pays farm workers, pays interest on a machinery loan and keeps any profit. Which pair identifies the rewards to land and enterprise, in that order?

[1]
A

Interest and wages

B

Profit and interest

C

Rent and profit

D

Wages and rent

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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