Economics 9708/11 — October/November 2017
Cambridge AS Level · AS Level Multiple Choice · answer key with instant marking and worked solutions
Topics Methods of Government Intervention in Markets · Demand and Supply · International Trade and Comparative Advantage · Fiscal Policy · Market Equilibrium and the Price Mechanism · Price Stability · +12 more
Tap an option under each question to check it — your score builds as you go.
A teacher asks four students to fill in the gaps in the following sentence.
'A positive economic statement is ......1...... statement that ......2...... be tested using factual evidence, whereas a normative economic statement is ......3...... statement that ......4...... be tested using factual evidence.'
The students' answers are shown in the table.
Which student is correct?
Options
| 1 | 2 | 3 | 4 | |
|---|---|---|---|---|
| A | an objective | can | a subjective | cannot |
| B | an objective | cannot | a subjective | can |
| C | a subjective | can | an objective | cannot |
| D | a subjective | cannot | an objective | can |
The rest of this paper
29 more questions- Q2Methods of Government Intervention in Markets1M
- Q3Production Possibility Curves1M
- Q4Classification of Goods and Services1M
- Q5Demand and Supply1M
- Q6Demand and Supply1M
- Q7Demand and Supply1M
- Q8Price Elasticity of Supply1M
- Q9Market Equilibrium and the Price Mechanism1M
- Q10Methods of Government Intervention in Markets1M
- Q11Market Equilibrium and the Price Mechanism1M
- Q12International Trade and Comparative Advantage1M
- Q13Consumer and Producer Surplus1M
- Q14Methods of Government Intervention in Markets1M
- Q15Methods of Government Intervention in Markets1M
- Q16Methods of Government Intervention in Markets1M
- Q17Income and Wealth Inequality · Fiscal Policy1M
- Q18Methods of Government Intervention in Markets1M
- Q19Aggregate Demand and Aggregate Supply1M
- Q20Price Stability1M
- Q21Price Stability1M
- Q22Balance of Payments1M
- Q23Exchange Rates1M
- Q24International Trade and Comparative Advantage1M
- Q25(Legacy) - Economic Integration1M
- Q26International Trade and Comparative Advantage1M
- Q27Protectionism1M
- Q28Fiscal Policy1M
- Q29Monetary Policy · Exchange Rates · Balance of Payments1M
- Q30Fiscal Policy · Monetary Policy1M