Economics 9708/31 — October/November 2015
Cambridge A-Level · A Level Multiple Choice · answer key with instant marking and worked solutions
30
questions
30
marks
60
minutes
Topics Money and Banking · Effectiveness of Macroeconomic Policies · Demand for and Supply of Labour · Costs of Production · Growth and Survival of Firms · Objectives and Pricing Policies of Firms · +14 more
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Q11MEfficiency and Market FailureFree sample
An economy is said to be economically inefficient if
Options
A it is possible to make some people better off without making other people worse off.
B the distribution of income is socially unacceptable.
C the government sector is growing at the expense of the private sector.
D wage rates rise faster than production.
The rest of this paper
29 more questions- Q2Utility Theory1M
- Q3Short-Run and Long-Run Production1M
- Q4Demand for and Supply of Labour1M
- Q5Demand for and Supply of Labour1M
- Q6Wage Determination and Labour Market Intervention1M
- Q7Costs of Production1M
- Q8Growth and Survival of Firms1M
- Q9Costs of Production1M
- Q10Growth and Survival of Firms1M
- Q11Objectives and Pricing Policies of Firms1M
- Q12Performance of Firms in Different Market Structures · Objectives and Pricing Policies of Firms1M
- Q13Market Structures1M
- Q14Externalities, Social Costs and Benefits1M
- Q15Government Policies to Correct Market Failure1M
- Q16Economic Development and Living Standards1M
- Q17Money and Banking1M
- Q18Components of Aggregate Demand1M
- Q19The Multiplier and National Income Determination1M
- Q20Money and Banking1M
- Q21Money and Banking1M
- Q22Economic Development and Living Standards1M
- Q23Characteristics of Countries at Different Levels of Development1M
- Q24Employment and Unemployment1M
- Q25Effectiveness of Macroeconomic Policies1M
- Q26The Multiplier and National Income Determination1M
- Q27Government Policies to Correct Market Failure1M
- Q28Globalisation and Economic Integration1M
- Q29Components of Aggregate Demand · Effectiveness of Macroeconomic Policies1M
- Q30Effectiveness of Macroeconomic Policies1M
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