A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2016 · Q61 Mark

What is most likely to increase the quantity of houses supplied?

Apolicy to help house buyers on modest incomes

Brestriction on the level of rent that can be charged

Crise in the tax on materials used for building houses

Dthe removal of a subsidy to house builders

✓ Correct answer

A: policy to help house buyers on modest incomes

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2016 Paper 1 Variant 2, question 6.

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