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Economics revision Bundle
The bundle contains revision papers with complete marking schemes well explained for exam preparations and to fit the current examination settings.
[Show more]The bundle contains revision papers with complete marking schemes well explained for exam preparations and to fit the current examination settings.
[Show more]1 Which of these contains all the four factors of production? 
A Capital, enterprise, labour, land 
B Capital, labour, profit, rent 
C Enterprise, interest, land, wages 
D Interest, profit, rent, wages 
Your answer [1] 
2 What is the income elasticity of demand if a 10% increase in consumer income l...
Preview 4 out of 46 pages
Add to cart1 Which of these contains all the four factors of production? 
A Capital, enterprise, labour, land 
B Capital, labour, profit, rent 
C Enterprise, interest, land, wages 
D Interest, profit, rent, wages 
Your answer [1] 
2 What is the income elasticity of demand if a 10% increase in consumer income l...
Read the stimulus material and answer all the parts of Question 1. 
Wage differentials in the USA 
Research shows the ratio of Chief Executive pay (‘remuneration’) to employee remuneration in the 
USA has increased significantly since 2010 (see Fig. 1). In 2019, Chief Executives at the largest 
...
Preview 4 out of 61 pages
Add to cartRead the stimulus material and answer all the parts of Question 1. 
Wage differentials in the USA 
Research shows the ratio of Chief Executive pay (‘remuneration’) to employee remuneration in the 
USA has increased significantly since 2010 (see Fig. 1). In 2019, Chief Executives at the largest 
...
SECTION A 
Read the stimulus material and answer all parts of Question 1. 
International competitiveness 
In 2019, the UK had a trade in goods and services deficit of £30.5bn and a current account deficit 
of £95.3bn. A country’s international competitiveness is influenced primarily by the relat...
Preview 4 out of 56 pages
Add to cartSECTION A 
Read the stimulus material and answer all parts of Question 1. 
International competitiveness 
In 2019, the UK had a trade in goods and services deficit of £30.5bn and a current account deficit 
of £95.3bn. A country’s international competitiveness is influenced primarily by the relat...
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