9708/12

Economics 9708/12October/November 2022

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 · Elasticities of Demand · Price Elasticity of Supply · Demand and Supply · Market Equilibrium and the Price Mechanism · Consumer and Producer Surplus · +14 more

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

Q11M(Legacy) - MoneyFree sample

What is a function of money?

Options

A   to act as a medium of exchange
B   to be divisible into small units
C   to enable bartering to take place
D   to maintain its value when inflation is high

The rest of this paper

29 more questions
  • Q2Economic Systems1M
  • Q3Classification of Goods and Services1M
  • Q4Economic Methodology1M
  • Q5Production Possibility Curves1M
  • Q6Methods of Government Intervention in Markets · Elasticities of Demand1M
  • Q7Price Elasticity of Supply1M
  • Q8Demand and Supply · Market Equilibrium and the Price Mechanism · Consumer and Producer Surplus1M
  • Q9Price Elasticity of Supply1M
  • Q10Consumer and Producer Surplus1M
  • Q11Market Equilibrium and the Price Mechanism1M
  • Q12Price Elasticity of Supply1M
  • Q13Demand and Supply1M
  • Q14Elasticities of Demand1M
  • Q15Methods of Government Intervention in Markets1M
  • Q16Methods of Government Intervention in Markets1M
  • Q17Income and Wealth Inequality1M
  • Q18Methods of Government Intervention in Markets1M
  • Q19Fiscal Policy1M
  • Q20Aggregate Demand and Aggregate Supply1M
  • Q21Price Stability1M
  • Q22International Trade and Comparative Advantage1M
  • Q23(Legacy) - Economic Integration · Elasticities of Demand1M
  • Q24Exchange Rates1M
  • Q25International Trade and Comparative Advantage1M
  • Q26Exchange Rates1M
  • Q27Protectionism1M
  • Q28Balance of Payments1M
  • Q29Income and Wealth Inequality1M
  • Q30Aggregate Demand and Aggregate Supply1M
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