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.
A fast-food multinational bought a food-ordering website, in order to allow the multinational's customers to download menus and make advance paymen...
The diagram shows the average total cost (ATC) for a firm, in the long run. What would cause the shift from ATC₁ to ATC₂?
What is most likely to encourage capital-intensive production methods in a low-income economy?
A firm's average revenue is $20. It sells 1000 units. What are the firm's total revenue and the price of the product?
A competitive industry becomes a monopoly. What is the most likely advantage for consumers?
What will cause real GDP to rise in a country?
What is the money supply?
Which macroeconomic policy is most likely to achieve economic growth and price stability at the same time?
What is the definition of economic growth?
What causes cyclical unemployment in a recession?
The table shows government expenditure and revenue in selected years. What might explain the changes in the government's budget over the period?
The table shows changes in economic policies for four countries, A, B, C and D. Which country is most likely to be following a policy of preventing...
Workers in Switzerland earn more on average than workers in Mexico. What is a likely cause of this?
The table contains details on birth rate, death rate and net migration for several countries in a year. What can be concluded from the table?
Which combination best describes the characteristics of a high-income economy?
A government wishes to stop the dumping of a specific imported good at a very low price. Which method of protection would be most effective?
The price of the US dollar in terms of other currencies is set by the forces of demand and supply. To what does this statement refer?
The diagram shows the value of a country's exports and imports of goods over five years. Between which two years did the country have an increase i...
What is the cause of the economic problem facing the global market for gold?
The management of an airline decided to replace its aeroplanes with more technologically advanced aircraft. At the same time, the company retrained...
The world price of cocoa has been falling while the prices of products made from cocoa have been rising. Which combination might explain this? [Tab...
The table shows the amounts demanded and supplied of tomatoes at different prices. The initial equilibrium is at a price of 40. [Table 5.1 showing ...
A fall in which variable would help eliminate a market shortage?
When the price of meat increased from $5 to $6 per kg, Joe decreased his purchase of meat from 40 kg to 20 kg a month. What was Joe's price elastic...
In the diagram, which line represents perfectly inelastic supply? [Figure 8.1 showing price $ and quantity with lines A, B, C, D]
What is external benefit?
Under which circumstances are households more likely to save? [Table 11.1 showing inflation rate, interest rate, unemployment rate]
A country wishes to increase the supply of nurses. What would be the most effective way of achieving this?
Employers based in large cities often pay employees special allowances above standard pay rates. What is the most likely reason for this?
Workers in a country have been concerned about their wages not keeping pace with inflation. How can trade unions assist workers in getting a pay rise?
How is total revenue calculated?
There is a number of cafés selling snacks and drinks in a city centre. Several of these cafés close due to their owners retiring. What is the likel...
What is a macroeconomic aim of government?
The table shows earnings and total income tax paid per year. [Table 18.1 showing earnings $ and total income tax paid $] Which type of tax system d...
What is an example of monetary policy?
What is Gross Domestic Product (GDP) divided by in order to calculate GDP per head?
What is the consequence of economic growth for individuals and for the economy? [Table 21.1 showing individuals and the economy]
What does the labour force survey (LFS) measure?
The table shows the weights allocated to the three items in a Consumer Prices Index (CPI) for two years. [Table 23.1 showing item, year 1, year 2 f...
A government increases the rate of progressive income tax and its spending on hospitals. What is likely to happen to the distribution of income and...
The population pyramids for country 1 and country 2 in a given year are shown. [Figure 25.1 showing population pyramids for country 1 and country 2...
Which country would be classified as the most developed based on the data in the table? [Table 26.1 showing gross domestic product per year ($m) an...
A country wants to limit the number of imported cars to a maximum of 100 000 in a year. Which measure is most likely to achieve this objective?
The diagram shows a change in the exchange rate for the Indian rupee against the US. [Figure 29.1 showing price of Indian rupee in US and quantity ...
Country X records these selected items in the current account of its balance of payments. • Country X exports $200m of goods. • Country X imports $...
Read the source material carefully before answering Question 1. Source material: Changes in Jordan's economy and population Jordan fact file 2020 P...
In 2021, the production point on the UK's production possibility curve (PPC) changed. Average wages increased. The average annual wage of a waiter ...
The central bank of Madagascar intervenes in the country's foreign exchange market. However, Madagascar has a largely market economic system. Nearl...
In 2021, there were extensions and contractions in demand for a number of South African products. In that year, a South African court stopped a mul...
The Peruvian government is under pressure from its industries to improve the country's transport system. Peru's third largest industry is tourism. ...