CAIE A-Level Economics 7.4.2 Social benefits
Practise separating private, external and social benefits when judging projects, public decisions and wider gains to society.
- Syllabus
- 2026–2028
- Course
- Economics 9708
- Level
- A2
Exam points
- calculate social benefit as private benefit plus external benefit in project data
- compare social benefits with social costs to decide whether a development should proceed
7.4.2—Social benefits question 1
[Maximum number: 1]
What is equivalent to social benefits?
A
the amount that the government spends on social security benefits
B
the benefit gained by society from total government spending
C
the benefit to third parties from household consumption of a good
D
the private and external benefits from household consumption of a good
D
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