9708/11

Economics 9708/11May/June 2015

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

30
questions
30
marks
60
minutes

Topics (Legacy) - Externalities and Cost-Benefit Analysis · Exchange Rates · Scarcity, Choice and Opportunity Cost · Demand and Supply · Methods of Government Intervention in Markets · Elasticities of Demand · +10 more

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Q11MScarcity, Choice and Opportunity CostFree sample

Which combination of events must increase the level of scarcity in an economy?

Options

A   discovery of new oil reserves and higher saving ratios
B   improved application of technology and new invention
C   less certain weather patterns and a fashion for greater consumption
D   more efficient power generation and a reduced birth rate

The rest of this paper

29 more questions
  • Q2Production Possibility Curves1M
  • Q3(Legacy) - Money1M
  • Q4Scarcity, Choice and Opportunity Cost1M
  • Q5Demand and Supply1M
  • Q6Elasticities of Demand1M
  • Q7Elasticities of Demand1M
  • Q8Demand and Supply1M
  • Q9Price Elasticity of Supply1M
  • Q10Market Equilibrium and the Price Mechanism1M
  • Q11Demand and Supply1M
  • Q12Consumer and Producer Surplus1M
  • Q13(Legacy) - Externalities and Cost-Benefit Analysis1M
  • Q14(Legacy) - Externalities and Cost-Benefit Analysis1M
  • Q15Scarcity, Choice and Opportunity Cost · (Legacy) - Externalities and Cost-Benefit Analysis1M
  • Q16(Legacy) - Externalities and Cost-Benefit Analysis1M
  • Q17(Legacy) - Externalities and Cost-Benefit Analysis · Methods of Government Intervention in Markets1M
  • Q18Methods of Government Intervention in Markets1M
  • Q19International Trade and Comparative Advantage · Exchange Rates1M
  • Q20Methods of Government Intervention in Markets · Consumer and Producer Surplus1M
  • Q21International Trade and Comparative Advantage1M
  • Q22Balance of Payments1M
  • Q23Economic Growth1M
  • Q24Aggregate Demand and Aggregate Supply1M
  • Q25Price Stability1M
  • Q26Price Stability1M
  • Q27Balance of Payments1M
  • Q28Exchange Rates1M
  • Q29Exchange Rates1M
  • Q30Exchange Rates1M
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