Unit 2 - The UK economy - performance and policies
Institution
PEARSON (PEARSON)
Memorsing content can only take you so far, so use exam questions effectively to prepare yourself for the actual exam. This document will help you do so, it contains a mix of exam style questions with extract/sources just like the real exam. The marks are for AS level but you can just as easily use...
Unit 2 - The UK economy - performance and policies
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UNIT ASSESSMENT
Edexcel A Level
Economics (A)
Unit Assessment
2.3 Aggregate Supply
(Edition 1)
Time: 70 minutes
Maximum marks: 50
Name
Centre Name
, Edexcel A Level Economics (A)
Unit Assessment – 2.3 Aggregate Supply
Section A
ANSWER ALL THE QUESTIONS
1a Which of the following would most likely cause a change in the AS curve?
A A positive wealth effect o
B A fall in consumer confidence o
C Crowding out from government investment o
D A decrease in the price of oil o
(1 mark)
1b Define the term ‘competition policy’.
(2 marks)
1c Which of the following would cause a movement along the AS curve?
A An increase in the minimum wage. o
B A fall in corporation tax. o
C A fall in productivity. o
D An increase in the price level. o
(1 mark)
1d State two factors that influence the long-run AS curve
(2 marks)
Page 2 Edexcel A Level Economics (A) Unit Assessment www.tutor2u.net/economics
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