A-LevelEconomicsSupply-Side PoliciesMay/June 2018Paper 3 Q291 Mark
Which policy is most likely to allow a developed economy to meet all its macroeconomic objectives? A lowering interest rates to raise actual growth above potential growth B supply-side reform to increase product and factor market flexibility C tax reform to make the system of taxation increasingly regressive D the introduction of tariffs to protect domestic industry
📋 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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