Economics 9708 · AS & A Level · Government intervention in markets

Government intervention in markets — practice question

(a)[8]

Explain the part that a government should play in a mixed economy.

(b)[12]

Discuss how accurate the definition of public and merit goods is when they are described as ‘goods that must be provided by the government’.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: For giving a definition of the mixed economy

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