9708/13

Economics 9708/13October/November 2016

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

30
questions
30
marks
60
minutes

Topics Demand and Supply · Elasticities of Demand · Methods of Government Intervention in Markets · Fiscal Policy · Price Stability · Market Equilibrium and the Price Mechanism · +13 more

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

Q11MScarcity, Choice and Opportunity CostFree sample

Why is choice central to the economic problem?

Options

A   Different governments have different objectives.
B   Firms have access to unlimited resources.
C   Most resources have alternative uses.
D   People’s wants are limited.

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29 more questions
  • Q2Economic Systems1M
  • Q3Production Possibility Curves1M
  • Q4(Legacy) - Money1M
  • Q5Demand and Supply1M
  • Q6Demand and Supply1M
  • Q7Elasticities of Demand1M
  • Q8Elasticities of Demand1M
  • Q9Elasticities of Demand1M
  • Q10Price Elasticity of Supply1M
  • Q11Demand and Supply1M
  • Q12Demand and Supply · Market Equilibrium and the Price Mechanism1M
  • Q13Consumer and Producer Surplus1M
  • Q14Methods of Government Intervention in Markets · Market Equilibrium and the Price Mechanism1M
  • Q15Fiscal Policy1M
  • Q16Elasticities of Demand · Methods of Government Intervention in Markets1M
  • Q17Classification of Goods and Services1M
  • Q18Methods of Government Intervention in Markets1M
  • Q19Aggregate Demand and Aggregate Supply · Fiscal Policy1M
  • Q20Price Stability1M
  • Q21Price Stability1M
  • Q22Balance of Payments1M
  • Q23Exchange Rates1M
  • Q24Exchange Rates1M
  • Q25International Trade and Comparative Advantage1M
  • Q26International Trade and Comparative Advantage1M
  • Q27Protectionism1M
  • Q28Monetary Policy1M
  • Q29Balance of Payments1M
  • Q30Price Stability · Fiscal Policy1M
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