Economics 9708/33 — October/November 2015
Cambridge A-Level · A Level Multiple Choice · answer key with instant marking and worked solutions
Topics The Multiplier and National Income Determination · Demand for and Supply of Labour · Macroeconomic Objectives and Policy Conflicts · Efficiency and Market Failure · Costs of Production · Revenue and Profit · +17 more
Tap an option under each question to check it — your score builds as you go.
In an economy, no one can be made better off without making someone else worse off.
What does not necessarily follow from this?
Options
A The conditions for allocative efficiency have been met.
B The conditions for productive efficiency have been met.
C The distribution of income is socially acceptable.
D The economy is operating at a point on its production possibility frontier.
The rest of this paper
29 more questions- Q2Utility Theory1M
- Q3Indifference Curves and Budget Lines1M
- Q4Demand for and Supply of Labour1M
- Q5Demand for and Supply of Labour1M
- Q6Demand for and Supply of Labour1M
- Q7Short-Run and Long-Run Production1M
- Q8Costs of Production1M
- Q9Costs of Production1M
- Q10Growth and Survival of Firms1M
- Q11Revenue and Profit · Objectives and Pricing Policies of Firms1M
- Q12Objectives and Pricing Policies of Firms · Revenue and Profit1M
- Q13Market Structures · Performance of Firms in Different Market Structures1M
- Q14Efficiency and Market Failure1M
- Q15Equity, Poverty and Redistribution1M
- Q16Equity, Poverty and Redistribution1M
- Q17Components of Aggregate Demand1M
- Q18The Multiplier and National Income Determination1M
- Q19The Multiplier and National Income Determination1M
- Q20The Multiplier and National Income Determination1M
- Q21Money and Banking · Exchange Rate Systems1M
- Q22Economic Growth and Sustainability1M
- Q23Economic Growth and Sustainability · Effectiveness of Macroeconomic Policies1M
- Q24Economic Development and Living Standards1M
- Q25Macroeconomic Objectives and Policy Conflicts · Employment and Unemployment1M
- Q26Macroeconomic Objectives and Policy Conflicts1M
- Q27Money and Banking1M
- Q28The Multiplier and National Income Determination1M
- Q29Macroeconomic Objectives and Policy Conflicts · Effectiveness of Macroeconomic Policies1M
- Q30Globalisation and Economic Integration · Characteristics of Countries at Different Levels of Development1M