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Edexcel A-level Economics Paper 2 Questions & Answers 100% accurate!
Edexcel A-level Economics Paper 2 Questions & Answers 100% accurate! 
Macroeconomics - ANSWERSThe study of the economy as a whole, including inflation, growth and unemployment. 
 
Aggregate demand - ANSWERSThe total of all demands or expenditures in the economy at any given price. 
 
Aggregate demand curve - ANSWERSShows the relationship between the price level and equilibrium national income. As the price level rises the equilibrium level of national income falls. 
 
Animal spirits - ANSWERSBus...
- Exam (elaborations)
- • 22 pages •
Edexcel A-level Economics Paper 2 Questions & Answers 100% accurate! 
Macroeconomics - ANSWERSThe study of the economy as a whole, including inflation, growth and unemployment. 
 
Aggregate demand - ANSWERSThe total of all demands or expenditures in the economy at any given price. 
 
Aggregate demand curve - ANSWERSShows the relationship between the price level and equilibrium national income. As the price level rises the equilibrium level of national income falls. 
 
Animal spirits - ANSWERSBus...
Edexcel A Level Economics all Diagrams Exam 2024 Questions 100% accurate!
Edexcel A Level Economics all Diagrams Exam 2024 Questions 100% accurate! 
Production Possibility Frontier - ANSWERS 
 
Supply and demand diagram showing equilibrium - ANSWERS 
 
Supply and demand surplus - ANSWERS 
 
Increase in demand - ANSWERS 
 
Decrease in demand - ANSWERS 
 
Increase in supply - ANSWERS 
 
Decrease in supply - ANSWERS 
 
Consumer surplus - ANSWERS 
 
Producer surplus - ANSWERS 
 
Inelastic demand - ANSWERS 
 
Elastic demand - ANSWERS
- Exam (elaborations)
- • 3 pages •
Edexcel A Level Economics all Diagrams Exam 2024 Questions 100% accurate! 
Production Possibility Frontier - ANSWERS 
 
Supply and demand diagram showing equilibrium - ANSWERS 
 
Supply and demand surplus - ANSWERS 
 
Increase in demand - ANSWERS 
 
Decrease in demand - ANSWERS 
 
Increase in supply - ANSWERS 
 
Decrease in supply - ANSWERS 
 
Consumer surplus - ANSWERS 
 
Producer surplus - ANSWERS 
 
Inelastic demand - ANSWERS 
 
Elastic demand - ANSWERS
Edexcel A-level Economics Theme 2 Exam 2024 Questions & Answers 100% Accurate!
Edexcel A-level Economics Theme 2 Exam 2024 Questions & Answers 100% Accurate!Macroeconomics - ANSWERSThe study of the economy as a whole, including inflation, growth and unemployment. 
 
Aggregate demand - ANSWERSThe total amount of goods / services demanded in an economy at a given time at a given price level. 
 
Aggregate supply - ANSWERSTotal amount of goods and services supplied in the economy at a given time at given price level. 
 
What is GDP? - ANSWERSGross Domestic Product = the total ...
- Exam (elaborations)
- • 17 pages •
Edexcel A-level Economics Theme 2 Exam 2024 Questions & Answers 100% Accurate!Macroeconomics - ANSWERSThe study of the economy as a whole, including inflation, growth and unemployment. 
 
Aggregate demand - ANSWERSThe total amount of goods / services demanded in an economy at a given time at a given price level. 
 
Aggregate supply - ANSWERSTotal amount of goods and services supplied in the economy at a given time at given price level. 
 
What is GDP? - ANSWERSGross Domestic Product = the total ...
Edexcel A Level Microeconomics Exam 2024 Questions With Complete solutions(rated A)
Edexcel A Level Microeconomics Exam 2024 Questions With Complete solutions(rated A) 
 
Factors influencing demand for labour - ANSWERSDemand for final product - if rise in output > increase in productivity 
 
Relative productivity of labour to capital - substitution effect 
£3,000 subsidy for hiring unemployed 18-24 y.o. = half UK's youth minimum wage 
 
Factors influencing supply of labour - ANSWERSCost of living 
 
Cost of gaining skills 
UK uni fees capped at £9,250 per year 
 
Number o...
- Exam (elaborations)
- • 15 pages •
Edexcel A Level Microeconomics Exam 2024 Questions With Complete solutions(rated A) 
 
Factors influencing demand for labour - ANSWERSDemand for final product - if rise in output > increase in productivity 
 
Relative productivity of labour to capital - substitution effect 
£3,000 subsidy for hiring unemployed 18-24 y.o. = half UK's youth minimum wage 
 
Factors influencing supply of labour - ANSWERSCost of living 
 
Cost of gaining skills 
UK uni fees capped at £9,250 per year 
 
Number o...
Edexcel A-level Economics Theme 3 Exam 2024 Questions & Answers(graded A)
Edexcel A-level Economics Theme 3 Exam 2024 Questions & Answers(graded A) 
Backwards vertical integration - ANSWERSa joining together into one firm of two or more firms where the purchaser merges with/takes over one or more of its suppliers 
 
Conglomerate integration - ANSWERSa joining together into one firm of two or more firms producing unrelated products 
 
Demerger - ANSWERSwhen a firm splits into two or more independent businesses 
 
Divorce of ownership from control - ANSWERSwhen managers...
- Exam (elaborations)
- • 8 pages •
Edexcel A-level Economics Theme 3 Exam 2024 Questions & Answers(graded A) 
Backwards vertical integration - ANSWERSa joining together into one firm of two or more firms where the purchaser merges with/takes over one or more of its suppliers 
 
Conglomerate integration - ANSWERSa joining together into one firm of two or more firms producing unrelated products 
 
Demerger - ANSWERSwhen a firm splits into two or more independent businesses 
 
Divorce of ownership from control - ANSWERSwhen managers...
Edexcel Economics A Level Theme 1 Exam 2024 Questions & Answers(graded A)
Edexcel Economics A Level Theme 1 Exam 2024 Questions & Answers(graded A)scarce resources - ANSWERSresources that are limited or finite 
 
opportunity cost - ANSWERSthe value of the next best alternative forgone 
 
economic problem - ANSWERSresources are scarce but wants are unlimited 
 
production possibility frontier - ANSWERSa diagram that shows all the combinations of two goods that can be produced when all factors of production are being used 
 
normative statement - ANSWERSan economic stat...
- Exam (elaborations)
- • 7 pages •
Edexcel Economics A Level Theme 1 Exam 2024 Questions & Answers(graded A)scarce resources - ANSWERSresources that are limited or finite 
 
opportunity cost - ANSWERSthe value of the next best alternative forgone 
 
economic problem - ANSWERSresources are scarce but wants are unlimited 
 
production possibility frontier - ANSWERSa diagram that shows all the combinations of two goods that can be produced when all factors of production are being used 
 
normative statement - ANSWERSan economic stat...
Edexcel A-level Economics Theme 1-4 Exam 2024 Questions & Answers (graded A)
Edexcel A-level Economics Theme 1-4 Exam 2024 Questions & Answers (graded A) 
Economics - ANSWERSThe study of the allocation of scarce resources. 
 
Economic Goods - ANSWERSResources that are scarce. 
 
Short Run - ANSWERSA time period where at least one factor of production is fixed. 
 
Long Run - ANSWERSA time period where all factors of production are variable. 
 
Productivity - ANSWERSThe output per unit of input. 
 
The Economic Problem - ANSWERSResources are scarce but wants are infinite. ...
- Exam (elaborations)
- • 37 pages •
Edexcel A-level Economics Theme 1-4 Exam 2024 Questions & Answers (graded A) 
Economics - ANSWERSThe study of the allocation of scarce resources. 
 
Economic Goods - ANSWERSResources that are scarce. 
 
Short Run - ANSWERSA time period where at least one factor of production is fixed. 
 
Long Run - ANSWERSA time period where all factors of production are variable. 
 
Productivity - ANSWERSThe output per unit of input. 
 
The Economic Problem - ANSWERSResources are scarce but wants are infinite. ...
Edexcel A-Level Economics A: Definitions Exam 2024 Questions & Answers(graded A)
Edexcel A-Level Economics A: Definitions Exam 2024 Questions & Answers(graded A) 
Absolute advantage - ANSWERSWhen a country's output of a product per unit of input is greater than that of any other country. 
 
Absolute poverty - ANSWERSWhen a person does not have the income or wealth to fulfil their basic needs. 
 
Aggregate Demand (AD) - ANSWERSThe total demand/spending in an economy at a given price level over a given period of time. Made up of consumption, investment, government spending an...
- Exam (elaborations)
- • 12 pages •
Edexcel A-Level Economics A: Definitions Exam 2024 Questions & Answers(graded A) 
Absolute advantage - ANSWERSWhen a country's output of a product per unit of input is greater than that of any other country. 
 
Absolute poverty - ANSWERSWhen a person does not have the income or wealth to fulfil their basic needs. 
 
Aggregate Demand (AD) - ANSWERSThe total demand/spending in an economy at a given price level over a given period of time. Made up of consumption, investment, government spending an...
California Jurisprudence Exam (Study Guide)Correct 100%
The practice of physical therapy definition - ANSWER promotion and maintenance of physical fitness through the use of physical therapy interventions in order to enhance the bodily movement 
 
Can transfer to another therapist, but it must - ANSWER be in writing 
 
What should be in the newsletter and how often is it published? - ANSWER Publish, at least 1x a year, a newsletter denoting actions taken by the board, disciplinary actions, and relevant statutory regulatory changes. 
 
T/F. Board memb...
- Exam (elaborations)
- • 5 pages •
The practice of physical therapy definition - ANSWER promotion and maintenance of physical fitness through the use of physical therapy interventions in order to enhance the bodily movement 
 
Can transfer to another therapist, but it must - ANSWER be in writing 
 
What should be in the newsletter and how often is it published? - ANSWER Publish, at least 1x a year, a newsletter denoting actions taken by the board, disciplinary actions, and relevant statutory regulatory changes. 
 
T/F. Board memb...
California Jurisprudence Exam 100% Accurate!!
Which of the following ages represents the earliest that a 16 year old's patient record can be discarded? 
 
A. 19 
B. 21 
C. 23 
D. 25 - ANSWER C. 23 (2620.7) 
 
An outpatient clinic currently has three full-time physical therapists and one physical therapist assistant. Which of the following numbers is the MAXIMUM number of additional full-time assistants that can be hired at this clinic? 
 
A. 2 
B. 3 
C. 4 
D. 5 - ANSWER D. 5 (2622, 2655.2 PTBC Act) 
 
A direct access patient has been seen ...
- Exam (elaborations)
- • 11 pages •
Which of the following ages represents the earliest that a 16 year old's patient record can be discarded? 
 
A. 19 
B. 21 
C. 23 
D. 25 - ANSWER C. 23 (2620.7) 
 
An outpatient clinic currently has three full-time physical therapists and one physical therapist assistant. Which of the following numbers is the MAXIMUM number of additional full-time assistants that can be hired at this clinic? 
 
A. 2 
B. 3 
C. 4 
D. 5 - ANSWER D. 5 (2622, 2655.2 PTBC Act) 
 
A direct access patient has been seen ...