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
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The correct answer is C. This question tests the candidate's understanding of government intervention within the Economicssyllabus. The examiner's mark scheme requires...
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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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