A-LevelEconomicsBasic Economic IdeasMay/June 2023Paper 1 Q31 Mark
What is not a characteristic of a mixed economy?
AThe government has no role in setting prices.
BThe government manages taxation rights.
CThe government prevents firms from earning excessive profits.
DThe government provides services not provided by the private sector.
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of basic economic ideas within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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