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1.1 Main economic groups and factors of production

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Question 10

The government buys laptops from a firm for state schools. The firm uses the payment to employ workers, and households pay taxes that help fund the schools. Which statement is most accurate?

[1]
A

The government is only a producer because it provides education

B

Households are producers because they pay taxes

C

The government is a consumer of the firm's laptops and a producer of education services

D

The firm is a consumer because it employs workers

Markscheme

1.1 Main economic groups and factors of production Questions

  1. GCSE
  2. /Economics
  3. /1.1 Main economic groups and factors of production

77 exam-style questions on OCR GCSE Economics 1.1 Main economic groups and factors of production, covering 1.1.1 Role of main economic groups and 1.1.2 Factors of production. Each one has a worked solution and a mark scheme showing where the marks go.

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