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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: the price of houses

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests Demand & Ceteris Paribus in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2015 examination, Paper 1 Variant 2.

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