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2.3 How the government manages the economy

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Question 3

Insulating a home reduces the amount of energy needed to heat it. The government pays households a subsidy towards the cost of insulating their homes.

a.

State what is likely to happen to the number of homes that are insulated.

[1]
b.

Give one benefit of this for people other than the households whose homes are insulated.

[1]
Markscheme

2.3 How the government manages the economy Questions

  1. GCSE
  2. /Economics
  3. /2.3 How the government manages the economy

104 exam-style questions on AQA GCSE Economics 2.3 How the government manages the economy, covering 2.3.1a Fiscal policy and income and expenditure, 2.3.1b Fiscal policy and government objectives, 2.3.1c The government budget, 2.3.2a The meaning of monetary policy, 2.3.2b Uses of monetary policy, 2.3.3a Supply-side policies and their trade-offs, 2.3.3b Using supply-side policies, and 2.3.4 Policies to correct positive and negative externalities. Each one has a worked solution and a mark scheme showing where the marks go.

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