O-LevelEconomicsThe allocation of resources2281/11 · May/June 2019 · Q91 Mark

Unlike the UK and US, a significant proportion of the shares on the stock exchanges of China and Russia are of state-owned enterprises. Which judgement about China and Russia can be made from this information?

Atheir distribution of income and wealth

Btheir level of development

Ctheir stages of production

Dtheir type of economic system

✓ Correct answer

D: their type of economic system

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2019 Paper 1 Variant 1, question 9.

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