Exam (elaborations)
OCR AS Level Economics May-June 2024 Question Paper 2 (H060-02)
OCR AS Level Economics May-June 2024 Question Paper 2 (H060-02)
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, 2
SECTION A
Write your answer to each question in the box provided.
1 A government budget deficit occurs when:
A imports exceed exports
B its expenditure is less than its revenue
C its expenditure is more than its revenue
D the national debt is decreasing
Your answer [1]
2 What is not an example of a supply side policy?
A Increasing expenditure on education
B Increasing the rate of income tax
C Investing in road infrastructure
D Providing subsidies for research and development
Your answer [1]
3 What would be the least effective way to increase long run economic growth?
A Increase government expenditure on welfare payments
B Increase labour productivity
C Increase the level of technology
D Increase the number of women joining the workforce
Your answer [1]
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