Economics 9708/32 — February/March 2022
Cambridge A-Level · A Level Multiple Choice · answer key with instant marking and worked solutions
30
questions
30
marks
75
minutes
Topics Economic Development and Living Standards · Efficiency and Market Failure · Indifference Curves and Budget Lines · Market Structures · Growth and Survival of Firms · Government Policies to Correct Market Failure · +15 more
Tap an option under each question to check it — your score builds as you go.
Q11MEfficiency and Market FailureFree sample
What can be deduced about an economy where no-one can be made better off without making someone else worse off?
Options
A Firms succeed in maximising profits.
B Production causes no external costs or benefits.
C The distribution of income and wealth is perfectly equal.
D The resources of the economy are allocated efficiently.
The rest of this paper
29 more questions- Q2Externalities, Social Costs and Benefits1M
- Q3Efficiency and Market Failure1M
- Q4Utility Theory1M
- Q5Indifference Curves and Budget Lines1M
- Q6Indifference Curves and Budget Lines1M
- Q7Market Structures1M
- Q8Objectives and Pricing Policies of Firms1M
- Q9Market Structures1M
- Q10Performance of Firms in Different Market Structures1M
- Q11Growth and Survival of Firms1M
- Q12Growth and Survival of Firms1M
- Q13Government Policies to Correct Market Failure1M
- Q14Government Policies to Correct Market Failure1M
- Q15Equity, Poverty and Redistribution1M
- Q16Short-Run and Long-Run Production1M
- Q17Wage Determination and Labour Market Intervention1M
- Q18Economic Development and Living Standards1M
- Q19Economic Development and Living Standards1M
- Q20Relationships Between Countries at Different Levels of Development1M
- Q21Economic Development and Living Standards1M
- Q22Employment and Unemployment1M
- Q23Employment and Unemployment1M
- Q24Economic Growth and Sustainability1M
- Q25The Multiplier and National Income Determination1M
- Q26Money and Banking1M
- Q27The Multiplier and National Income Determination1M
- Q28Money and Banking · Balance of Payments and Policies to Correct Disequilibrium1M
- Q29Effectiveness of Macroeconomic Policies1M
- Q30Macroeconomic Objectives and Policy Conflicts1M
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