Cambridge & Pearson Edexcel Past Paper Questions
Browse 35,704 questions from Cambridge O-Level & A-Level and Pearson Edexcel IGCSE & IAL exams. Click any question to practice.
The table shows the rice yield in four countries. What may be concluded from this information?
In economics, natural sunlight is classified as a free good. What is the reason for this?
What would be classified as the factor of production capital for an airline?
The diagram shows a production possibility curve (PPC). Which position is most likely to lead to the greatest outward shift of the PPC?
What is a major advantage of a market economic system over a mixed economic system?
The diagram shows the market for beef in the US with the original equilibrium at X. What will be the new equilibrium position if incomes in the US ...
The table shows government estimates of the private and external benefits and costs of building a new dam. $ million private benefits 250 external ...
What does a commercial bank not provide?
What will be likely to increase the wages of airline pilots?
What is most likely to help a trade union's claim for wage increases in an industry?
The table shows some information for a computer engineer in 2015. $ salary 40000 fees earned from consultancy 15000 credit card repayment 5000 Inco...
What is a characteristic of a perfectly competitive firm?
What is a possible cause of diseconomies of scale?
A firm that sells its product for 6 a unit has the following total costs. output (units) 0 10 20 30 total costs () 40 100 120 150 Which statement i...
Which is a supply-side policy?
A government has the following revenue. revenue ($m) corporation profits tax 20 inheritance tax 30 duty on imports 40 income tax 50 sales tax (VAT)...
The table shows the change in Gross Domestic Product (GDP) of four countries. quarterly percentage change in GDP Q1 % Q2 % Q3 % Q4 % A -6.0 1.0 -2....
What determines the weights in the consumer prices index (CPI)?
Which feature is found in a developed country rather than a developing country?
Over two-thirds of the world's poorest people live in rural areas. They are mainly involved in subsistence agriculture. What explains why poverty r...
A country wishes to follow a policy of trade protection. Which action would it take?
In 2015, the value of the South African currency (the rand) depreciated against the US dollar. What effect did this have on the US economy?
The table shows the rice yield in four countries. country rice yield (kilos per hectare) Japan 64 China 53 Bangladesh 20 Thailand 20 What may be co...
Banking and unemployment in Morocco Morocco's banking industry has been described as one of the best in Africa. It has some of Africa's largest com...
In England football stadiums are usually built and financed by the private sector, but in some countries the stadiums are built and financed by the...
In 2014, the government of Kazakhstan devalued its currency, the tenge. A year later the country still had a current account deficit. Therefore, in...
In 2015, the Tripartite Free Trade Area (TFTA) was established. It covers 26 countries and is the biggest free trade area in Africa. Removing trade...
The government of Slovenia has introduced a range of supply-side policy measures to influence the country's inflation rate. Among other factors aff...
More than 80% of Qatar's population are immigrants. Net immigration has helped to meet the country's demand for labour. As well as a shortage of wo...
More governments are imposing taxes on unhealthy food and drinks. Such taxes are usually regressive. Some of these governments are also increasing ...
Crisis in the ice cream market Vanilla is used in the production of soft drinks, cakes and perfumes. Its main use, however, is in the production of...
Swaziland is a small African country where six in ten people live in poverty and most firms are small and use little capital equipment. In October ...
Farms in the USA are getting larger. One dairy farm in the state of Indiana has over 38000 cows. Farms in the USA compete with farms in both develo...
In the UK, bus journeys outside London have fallen by nearly 40% since 1980. This fall in demand has been largely due to a rise in bus fares, a ris...
In October 2015, the Chinese government switched from its one child policy to a two child policy partly because of the challenges caused by an agei...
In February 2016, share prices on stock exchanges fell throughout the world. There were a number of reasons for this; including concerns about the ...
World output has grown in recent years, but a number of countries have experienced a recession. The removal of trade restrictions such as import ta...
What would an economist regard as an example of the factor of production capital?
The diagram shows a production possibility curve (PPC). [Figure 2.1]
In recent years more golf courses, which use large quantities of water, have opened in China. What may be the opportunity cost of this?
Which situation indicates a mixed economy?
What causes market failure?
A newspaper reported that 'The world market for coffee has returned to equilibrium'. Which situation supports this statement?
The table shows the demand schedule for a good at different prices. price $ quantity demanded 8 200 10 160 12 120 14 60 The current market price fo...
Carlos has been offered a new job with a large multinational company. He is undecided whether to accept the position. What is a non-wage factor he ...
Unlike the UK and US, a significant proportion of the shares on the stock exchanges of China and Russia are of state-owned enterprises. Which judge...
What is the most important factor that affects how much a family saves?
The table shows the change in real incomes for a number of occupations between 1985 and 2015. occupation change in real income % doctors 153 lawyer...
A large bakery buys a flour mill. Which form of integration is this?
Why is the energy supply industry dominated by very large firms in many economies?