Economics 9708/12 — October/November 2019
Cambridge AS Level · AS Level Multiple Choice · answer key with instant marking and worked solutions
30
questions
30
marks
60
minutes
Topics Methods of Government Intervention in Markets · Balance of Payments · Demand and Supply · Fiscal Policy · Classification of Goods and Services · Consumer and Producer Surplus · +12 more
Tap an option under each question to check it — your score builds as you go.
Q11MScarcity, Choice and Opportunity CostFree sample
What is correct about scarcity?
Options
A Scarcity affects low income earners only.
B Scarcity forces individuals to make choices.
C Scarcity is removed by periods of falling prices.
D Scarcity will be abolished by advances in technology.
The rest of this paper
29 more questions- Q2Production Possibility Curves1M
- Q3Classification of Goods and Services1M
- Q4Economic Methodology1M
- Q5Consumer and Producer Surplus1M
- Q6Demand and Supply1M
- Q7Market Equilibrium and the Price Mechanism1M
- Q8Consumer and Producer Surplus · Methods of Government Intervention in Markets1M
- Q9Demand and Supply1M
- Q10Elasticities of Demand · Price Elasticity of Supply1M
- Q11Methods of Government Intervention in Markets1M
- Q12Demand and Supply1M
- Q13Market Equilibrium and the Price Mechanism1M
- Q14Classification of Goods and Services · Reasons for Government Intervention in Markets1M
- Q15Fiscal Policy1M
- Q16Methods of Government Intervention in Markets1M
- Q17Fiscal Policy1M
- Q18Methods of Government Intervention in Markets · Elasticities of Demand1M
- Q19Balance of Payments1M
- Q20Aggregate Demand and Aggregate Supply1M
- Q21Protectionism1M
- Q22Price Stability1M
- Q23International Trade and Comparative Advantage1M
- Q24Aggregate Demand and Aggregate Supply1M
- Q25Balance of Payments1M
- Q26International Trade and Comparative Advantage1M
- Q27Exchange Rates1M
- Q28Balance of Payments1M
- Q29Exchange Rates · Balance of Payments1M
- Q30Fiscal Policy1M
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