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A Level Economics (9708)•9708/11/M/J/23
Question 16 from 9708/11/M/J/23

Explanation

Wages not listed in the table Steps:

  • Identify items as income (children's welfare benefits, dividends) or wealth (property, savings, shares).
  • Sum income: 1000(benefits)+1000 (benefits) + 1000(benefits)+1000 (dividends) = $2000.
  • Sum wealth: 4000(property)+4000 (property) + 4000(property)+2000 (savings) + 10000(shares)=10000 (shares) = 10000(shares)=16000.
  • Note wages are absent from both categories.

Why B is correct:

  • Not applicable; no data supports any wage value.

Why the others are wrong:

  • A, C, D: All assume unlisted wages, but table provides no basis for calculation.

Not enough information. Final answer: Not enough information.

Topic: Factors of production

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