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Team 2
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Score
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15
×
Discuss whether or not a tax on a product can reduce external costs.
tax will increase price, reducing the quantity demanded
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trap
No points!
Oops!
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gift
Win 10 points!
Okay!
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fairy
Take points!
5
10
15
20
25
×
baam
Lose 25 points!
Oops!
15
×
-
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15
×
Analyse why a cut in government spending might increase poverty.
-
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boom
Lose 50 points!
Oops!
×
rocket
Go to first place!
Okay!
×
shark
Other team loses 25 points!
Okay!
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lifesaver
Give 25 points!
Oops!
15
×
-
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15
×
-
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Check
Okay!
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banana
Go to last place!
Oops!
×
shark
Other team loses 10 points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
baam
Lose 5 points!
Oops!
15
×
Discuss whether or not a government subsidy on the export of sugar will help it achieve its macroeconomic aims.
-
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15
×
Explain two reasons for a change in the amount of tax revenue a government receives.
Change in employment / wages / incomes, Change in spending, Change in demand, Change in profits for imports
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15
×
Identify two benefits people may gain from a good education.
high income / high living standards, skills / high productivity / high efficiency, better health/better nutrition/avoidance of demerit goods
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15
×
Identify two types of tax.
Direct (1) Indirect (1) Progressive (1) Proportional (1) Regressive (1)
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15
×
-
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15
×
Discuss whether or not a government can reduce unemployment without increasing inflation.
-
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×
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