This Bundle contains the Most Questions expected in Exams, Tests, and Assignments of Economic A-Level students. Most Questions also relate to OCR, AQA, and Pearson's Examinations format. Thus, they provide the Best Examination Questions format and the Complete desired Answers to guarantee Success...
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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...
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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 ...
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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...
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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...
2 © OCR 2023 SECTION A Write your answer to each question in the box provided. 1 What would a shift in the long run aggregate supply curve to the right be most likely to cause? A A decrease in the level of income inequality B A decrease in the rate of inflation C An increase in the current a...
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Add to cart2 © OCR 2023 SECTION A Write your answer to each question in the box provided. 1 What would a shift in the long run aggregate supply curve to the right be most likely to cause? A A decrease in the level of income inequality B A decrease in the rate of inflation C An increase in the current a...
2 © OCR 2023 SECTION A Write your answer for each question in the box provided. 1 The claimant count measure of unemployment will include A all individuals receiving jobseeker’s allowance B all individuals who are looking for a job C all individuals without a job D only individuals able t...
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Add to cart2 © OCR 2023 SECTION A Write your answer for each question in the box provided. 1 The claimant count measure of unemployment will include A all individuals receiving jobseeker’s allowance B all individuals who are looking for a job C all individuals without a job D only individuals able t...
2 © OCR 2023 Section A Write your answer to each question in the box provided. 1 Buyers and sellers of a good on a website is an example of A a market B competition C specialisation D the secondary sector Your answer [1] 2 For most of 2021 the world supply of computer chips did not satisf...
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Add to cart2 © OCR 2023 Section A Write your answer to each question in the box provided. 1 Buyers and sellers of a good on a website is an example of A a market B competition C specialisation D the secondary sector Your answer [1] 2 For most of 2021 the world supply of computer chips did not satisf...
Absolute Advantage When a country can produce a good more cheaply in absolute terms than another country. Absolute Poverty When people are unable to afford sufficient necessities to maintain life; those on less than $1.90 a day. Aid When a country voluntarily transfers resources to another or g...
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Add to cartAbsolute Advantage When a country can produce a good more cheaply in absolute terms than another country. Absolute Poverty When people are unable to afford sufficient necessities to maintain life; those on less than $1.90 a day. Aid When a country voluntarily transfers resources to another or g...
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