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A-LevelEconomicsGovernment microeconomic intervention9708/12 · Oct/Nov 2013 · Q171 Mark

A government introduces a subsidy to reduce the price of heating oil, maximum rents for apartments and a national minimum wage rate. Who is meant to benefit from each of these? [Table 17.1]

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Aconsumers, landlords, employers
Bconsumers, tenants, workers
Cproducers, landlords, workers
Dproducers, tenants, employers

✓ Correct answer

B: consumers, tenants, workers

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Topic
Government microeconomic intervention, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Oct/Nov 2013 Paper 1 Variant 2, question 17.

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