Economics 9708/13 — October/November 2018
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 · Scarcity, Choice and Opportunity Cost · Production Possibility Curves · Classification of Goods and Services · Price Elasticity of Supply · +14 more
Tap an option under each question to check it — your score builds as you go.
The statements are from a report by a water company that supplies water to homes and businesses.
Which statement is normative?
Options
A It is important that we continue to invest in our infrastructure.
B Our investment will have wider benefits, attracting visitors to the region.
C We are investing more than ever in the region.
D We use local suppliers on construction projects which boosts the local economy.
The rest of this paper
29 more questions- Q2Scarcity, Choice and Opportunity Cost · Production Possibility Curves1M
- Q3Production Possibility Curves1M
- Q4Classification of Goods and Services1M
- Q5Demand and Supply1M
- Q6Demand and Supply · Elasticities of Demand1M
- Q7Price Elasticity of Supply1M
- Q8Price Elasticity of Supply1M
- Q9Demand and Supply1M
- Q10Scarcity, Choice and Opportunity Cost1M
- Q11Market Equilibrium and the Price Mechanism1M
- Q12Methods of Government Intervention in Markets · Consumer and Producer Surplus1M
- Q13Consumer and Producer Surplus1M
- Q14Methods of Government Intervention in Markets1M
- Q15Methods of Government Intervention in Markets1M
- Q16Income and Wealth Inequality1M
- Q17Classification of Goods and Services1M
- Q18Economic Systems1M
- Q19Aggregate Demand and Aggregate Supply · Monetary Policy · Supply-Side Policy1M
- Q20Aggregate Demand and Aggregate Supply1M
- Q21Price Stability1M
- Q22Balance of Payments1M
- Q23Exchange Rates1M
- Q24International Trade and Comparative Advantage1M
- Q25International Trade and Comparative Advantage1M
- Q26(Legacy) - Economic Integration1M
- Q27Methods of Government Intervention in Markets1M
- Q28Supply-Side Policy1M
- Q29Balance of Payments1M
- Q30Monetary Policy1M