Economics (AS & A Level) · May / June 2022 · Paper 13 · Question 15
9708Fiscal policy
The table shows four categories of government expenditure over two time periods. | category | period 1 ($000) | period 2 ($000) | |---|---|---| | building of new roads | 200 | 350 | | welfare benefits | 600 | 450 | | pay of armed forces | 500 | 550 | | state pensions | 1100 | 1350 | By how much had transfer payments changed between periods 1 and 2?
- A0
- B+100
- C+150
- D+300
As printed in the paper
Show the answer
Correct answer: B. +100
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