A-LevelEconomicsThe MacroeconomyMay/June 2018Paper 1 Q211 Mark
A government statistical office measured changes in income from employment, pensions and benefits, then subtracted income tax and welfare contributions and adjusted for inflation. What did the final figure represent?
Achanges in nominal income
Bchanges in nominal net earnings
Cchanges in real disposable income
Dchanges in real gross earnings
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of the macroeconomy 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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