9708/31

Economics 9708/31October/November 2019

Cambridge A-Level · A Level Multiple Choice · answer key with instant marking and worked solutions

30
questions
30
marks
75
minutes

Topics Externalities, Social Costs and Benefits · Money and Banking · Efficiency and Market Failure · Indifference Curves and Budget Lines · Objectives and Pricing Policies of Firms · Government Policies to Correct Market Failure · +14 more

Tap an option under each question to check it — your score builds as you go.

Q11MExternalities, Social Costs and BenefitsFree sample

Which situation would indicate the presence of an externality?

Options

A   Producers’ actions cause a shortage of a particular good.
B   Private motorists contribute to traffic congestion in city centres.
C   Differences in ability cause inequality in the distribution of income in an economy.
D   Increased demand for a good by the rich raises its price for poorer consumers.

The rest of this paper

29 more questions
  • Q2Externalities, Social Costs and Benefits1M
  • Q3Short-Run and Long-Run Production · Efficiency and Market Failure1M
  • Q4Indifference Curves and Budget Lines1M
  • Q5Utility Theory1M
  • Q6Indifference Curves and Budget Lines1M
  • Q7Performance of Firms in Different Market Structures1M
  • Q8Objectives and Pricing Policies of Firms1M
  • Q9Market Structures1M
  • Q10Objectives and Pricing Policies of Firms1M
  • Q11Costs of Production1M
  • Q12Efficiency and Market Failure1M
  • Q13Government Policies to Correct Market Failure · Externalities, Social Costs and Benefits1M
  • Q14Equity, Poverty and Redistribution1M
  • Q15Government Policies to Correct Market Failure1M
  • Q16Demand for and Supply of Labour1M
  • Q17Wage Determination and Labour Market Intervention1M
  • Q18Characteristics of Countries at Different Levels of Development1M
  • Q19Economic Growth and Sustainability1M
  • Q20Employment and Unemployment1M
  • Q21Macroeconomic Objectives and Policy Conflicts1M
  • Q22The Multiplier and National Income Determination1M
  • Q23Employment and Unemployment1M
  • Q24Economic Development and Living Standards1M
  • Q25Economic Development and Living Standards1M
  • Q26The Multiplier and National Income Determination1M
  • Q27Money and Banking1M
  • Q28Money and Banking1M
  • Q29Money and Banking1M
  • Q30Macroeconomic Objectives and Policy Conflicts1M
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