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3.5 Fiscal policy

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Question 20

A government's accounts list the items below. Which item should not be counted as government revenue?

[1]
A

VAT charged on furniture and electronics

B

Duty charged on fuel sold at petrol stations

C

Fares paid on publicly owned transport

D

The cost of building new flood defences

Markscheme

3.5 Fiscal policy Questions

  1. GCSE
  2. /Economics
  3. /3.5 Fiscal policy

76 exam-style questions on OCR GCSE Economics 3.5 Fiscal policy, covering 3.5.1 Government spending and revenue, 3.5.2 Budget balance, surplus and deficit, 3.5.3 What is fiscal policy, 3.5.4 Calculate effects of taxes and spending, 3.5.5 Analyse effects of taxes and spending, 3.5.6 Costs and benefits of fiscal policy, and 3.5.7 Redistributing income and wealth. Each one has a worked solution and a mark scheme showing where the marks go.

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