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AQA ECONOMICS PAPER 2 THE NATIONAL ECONOMY IN GLOBAL CONTEXT QUESTIONS WITH 100%CORRECT ANSWERS|2023 |DOWNLOAD TO PASS
Which one of the following is an injection into the circular flow of income? 
[1 mark] 
A Consumer expenditure 
B Exports 
C Imports 
D Wages 
0 2 In which one of the following situations is an increase in aggregate demand most likely to 
result in higher inflation? 
[1 mark] 
A Household savings are increasing 
B Mortgage interest rates are high 
C Resources are fully employed 
D Unemployment is rising
- Exam (elaborations)
- • 54 pages •
Which one of the following is an injection into the circular flow of income? 
[1 mark] 
A Consumer expenditure 
B Exports 
C Imports 
D Wages 
0 2 In which one of the following situations is an increase in aggregate demand most likely to 
result in higher inflation? 
[1 mark] 
A Household savings are increasing 
B Mortgage interest rates are high 
C Resources are fully employed 
D Unemployment is rising
AQA ECONOMICS PAPER 1 THE OPERATIONS OF AND MARKET FAILURE QUESTIONS WITH A MERGED MARKING SCHEME |GUARANTEED SUCCESS|2024
Which one of the following gives rise to opportunity cost? 
[1 mark] 
A Alternative uses for resources 
B Market failures for many goods 
C The methodology of positive economics 
D The presence of externalities 
0 2 A bakery decides to increase the price of the bread that it sells. 
Which one of the following price elasticities of demand for bread will result in the largest 
increase in the bakery’s total revenue? 
[1 mark] 
A –0.4 
B –0.8 
C –1.0 
D –2.0
- Exam (elaborations)
- • 54 pages •
Which one of the following gives rise to opportunity cost? 
[1 mark] 
A Alternative uses for resources 
B Market failures for many goods 
C The methodology of positive economics 
D The presence of externalities 
0 2 A bakery decides to increase the price of the bread that it sells. 
Which one of the following price elasticities of demand for bread will result in the largest 
increase in the bakery’s total revenue? 
[1 mark] 
A –0.4 
B –0.8 
C –1.0 
D –2.0
AQA A LEVEL ECONOMICS PAPER 2 NATIONAL AND INTERNATIONAL ECONOMY VERSION 1.0 FINAL QUESTIONS WITH MARKING SCHEME
The fall in price and increase in the quantity demanded of lemons could have been 
caused by 
[1 mark] 
A a fall in the price of a substitute for lemons, oranges. 
B a rise in the price of lemonade. 
C a reduction in the price of a complement for lemons, fish. 
D favourable weather leading to a record harvest.3 
*03* 
Turn over ► 
IB/G/Jun23/7136/3 
Do not write 
outside the 
0 2 The environment is a scarce resource. A consequence of this is that box 
[1 mark] 
A all natural resources have a m...
- Exam (elaborations)
- • 30 pages •
The fall in price and increase in the quantity demanded of lemons could have been 
caused by 
[1 mark] 
A a fall in the price of a substitute for lemons, oranges. 
B a rise in the price of lemonade. 
C a reduction in the price of a complement for lemons, fish. 
D favourable weather leading to a record harvest.3 
*03* 
Turn over ► 
IB/G/Jun23/7136/3 
Do not write 
outside the 
0 2 The environment is a scarce resource. A consequence of this is that box 
[1 mark] 
A all natural resources have a m...
AQA A-LEVEL ECONOMICS PAPER 3 WITH MERGED MARKING SCHEME
The fall in price and increase in the quantity demanded of lemons could have been 
caused by 
[1 mark] 
A a fall in the price of a substitute for lemons, oranges. 
B a rise in the price of lemonade. 
C a reduction in the price of a complement for lemons, fish. 
D favourable weather leading to a record harvest.3 
*03* 
Turn over ► 
IB/G/Jun23/7136/3 
Do not write 
outside the 
0 2 The environment is a scarce resource. A consequence of this is that box 
[1 mark] 
A all natural resources have a m...
- Exam (elaborations)
- • 48 pages •
The fall in price and increase in the quantity demanded of lemons could have been 
caused by 
[1 mark] 
A a fall in the price of a substitute for lemons, oranges. 
B a rise in the price of lemonade. 
C a reduction in the price of a complement for lemons, fish. 
D favourable weather leading to a record harvest.3 
*03* 
Turn over ► 
IB/G/Jun23/7136/3 
Do not write 
outside the 
0 2 The environment is a scarce resource. A consequence of this is that box 
[1 mark] 
A all natural resources have a m...
AQA A LEVEL ECONOMICS PAPER 3 QUESTIONS WITH MERGED MARKING SCHEME|DOWNLOAD TO PASS|2023
Figure 1 shows the demand for lemons. 
Figure 1 
The fall in price and increase in the quantity demanded of lemons could have been 
caused by 
[1 mark] 
A a fall in the price of a substitute for lemons, oranges. 
B a rise in the price of lemonade. 
C a reduction in the price of a complement for lemons, fish. 
D favourable weather leading to a record harvest.3 
*03* 
Turn over ► 
IB/G/Jun23/7136/3 
Do not write 
outside the 
0 2 The environment is a scarce resource. A consequence of this is tha...
- Exam (elaborations)
- • 48 pages •
Figure 1 shows the demand for lemons. 
Figure 1 
The fall in price and increase in the quantity demanded of lemons could have been 
caused by 
[1 mark] 
A a fall in the price of a substitute for lemons, oranges. 
B a rise in the price of lemonade. 
C a reduction in the price of a complement for lemons, fish. 
D favourable weather leading to a record harvest.3 
*03* 
Turn over ► 
IB/G/Jun23/7136/3 
Do not write 
outside the 
0 2 The environment is a scarce resource. A consequence of this is tha...