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A-LevelEconomicsGovernment microeconomic intervention9708/12 · Feb/Mar 2018 · Q41 Mark

The Bureau of Alcohol, Tobacco, Firearms and Explosives is a branch of the United States Government which regulates markets. What does its name imply is most likely to be its main responsibility?

Ato prevent harm from demerit goods
Bto provide subsidies for essential goods
Cto raise revenue from goods in elastic demand
Dto safeguard employment in manufacturing industry

✓ Correct answer

A: to prevent harm from demerit goods

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About this question

Topic
Government microeconomic intervention, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Feb/Mar 2018 Paper 1 Variant 2, question 4.

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