A-LevelEconomicsDemand & Ceteris ParibusOct/Nov 2015Paper 1 Q51 Mark
The diagram shows the demand curve for housing. [Figure 5.1] What is not assumed to remain constant when drawing this curve?
Aconsumer incomes
Bexpectations about future house prices
Cthe price of houses
Dthe rate of interest charged on loans for house purchase
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of demand & ceteris paribus within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep