Economics 9708 · AS & A Level · Taxes and subsidies

Taxes and subsidies — practice question

Which mix of government interventions would be designed to help the lower income group in an economy?

  • Awelfare payment system: means tested; tax system: progressive; type of subsidy: food
  • Bwelfare payment system: means tested; tax system: proportional; type of subsidy: private transport
  • Cwelfare payment system: universal; tax system: proportional; type of subsidy: food
  • Dwelfare payment system: universal; tax system: progressive; type of subsidy: private transport

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