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A-LevelEconomicsSupply-Side PoliciesOct/Nov 2018Paper 1 Q281 Mark

What is an example of a supply-side policy?

Aan import quota to restrict the supply of goods
Brise in interest rates to encourage the supply of savings
Cspecific tax on the supply of goods to raise revenue
Dsubsidy to businesses to promote the supply of training courses

✓ Correct Answer

The correct answer is D: subsidy to businesses to promote the supply of training courses

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests Supply-Side Policies in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2018 examination, Paper 1 Variant 2.

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