The amount of fuel duty charged on each litre of petrol and diesel increases. The quantity of fuel sold is unchanged. Which of the following is the direct effect?
UK government spending on public services increases.
UK government borrowing from investors increases.
UK government transfer payments to individuals increase.
UK government revenue increases.
75 exam-style questions on AQA GCSE Economics 2.1 Introduction to the national economy, covering 2.1.1a What an interest rate is, 2.1.1b Interest rates and consumer decisions, 2.1.1c Interest rates, producer decisions and calculations, 2.1.2a UK government revenue and spending, and 2.1.2b Direct, indirect and progressive taxation. Each one has a worked solution and a mark scheme showing where the marks go.