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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?

  1. A0
  2. B+100
  3. C+150
  4. D+300

As printed in the paper

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Correct answer: B. +100

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