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A-LevelEconomicsMacroeconomics: National IncomeOct/Nov 2022Paper 1 Q171 Mark

What is a transfer payment?

Athe advertising expenditure of a firm
Bthe allowance given by a parent to their child while at school
Cthe rent paid to a land owner by a tenant farmer
Dthe wage paid to a worker in the government service

✓ Correct Answer

The correct answer is B. This question tests the candidate's understanding of macroeconomics: national income within the Economicssyllabus. The examiner's mark scheme requires...

📋 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...

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About This A-Level Economics Question

This multiple-choice question appeared in the Cambridge A-Level Economics (9708) Oct/Nov 2022 examination, Paper 1 Variant 2. It tests the topic of Macroeconomics: National Income and is worth 1 mark.

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