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A-LevelEconomicsGovernment microeconomic intervention9708/12 · Oct/Nov 2016 · Q161 Mark

Total public spending in the UK, excluding interest payments, is planned to be £679 billion for the fiscal year 2015-2016. The table shows this by category. What was the total amount spent on transfer payments? £ billion pensions 150 healthcare 133 education 90 defence 46 social security welfare payments 110 other spending on goods and services 150

A£110 billion
B£150 billion
C£260 billion
D£393 billion

✓ Correct answer

C: £260 billion

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About this question

Topic
Government microeconomic intervention, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Oct/Nov 2016 Paper 1 Variant 2, question 16.

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