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.
Which pair of government actions combines a fiscal policy with a supply-side policy?
A government collects the following revenue in a year. [Figure 19] What is the amount of indirect tax revenue?
Which type of unemployment occurs when the total demand for goods and services in the economy falls?
Why is the Human Development Index (HDI) often considered to be better than GDP per head as a measure of living standards?
In 2013 there was a period of low interest rates and high inflation in an economy. Who would be most likely to benefit and who most likely to lose ...
Which combination of influences must have occurred for a population to be falling when there is no migration? [Figure 24]
Increasing numbers of qualified medical workers from developing economies migrate to developed economies. What explains this migration?
The table gives information about four countries. [Figure 27] Which country has the lowest standard of living?
The citizens of a country which avoids international trade may benefit from
In 2012, Nokia, a mobile phone manufacturer, produced 18% of Finland's exports. Why might this be undesirable for Finland?
The table shows the values of the items in a country's current account in two years. [Figure 30] How did the value of the net transfers change betw...
A bright future for Mongolia? Economists predict that the Asian economy of Mongolia will be the fastest growing economy between 2015 and 2020. In 2...
In 2012, the Indian Prime Minister announced that the Government was going to spend US$90 million on sending a spaceship to the planet Mars. Some e...
Many governments seek to discourage people from smoking cigarettes, whilst encouraging them to eat more fruit, including bananas and apples. The go...
Co-operatives play a key role in the Kenyan economy, accounting for 43% of the country's output. They operate in a number of industries, some of wh...
Walmart, the US multinational retailer, is the world's largest company. It allows its customers to pay for their purchases by cash and by using a v...
Over time the determinants of population size, including the birth rate and the fertility rate, change. It is predicted that the world population w...
Algeria's exports have been increasing in recent years. The country has experienced low inflation, in part, because of the fiscal and supply-side p...
The challenges facing Angola Angola is one of the fastest growing economies in the world and also one of the most specialised. It had an average a...
A number of economies are devoting more of their resources to the provision of health care. Due to the economic problem, this involves them having ...
Despite more cars being sold, world demand for bicycles is increasing. It has been estimated that the world price elasticity of demand for bicycles...
The number of people employed in the banking sector in Turkey is increasing. The sector consists of a number of commercial banks, some of which are...
A Zambian copper mine is operated by a foreign multinational company. The company's main goal is profit maximisation. Its mine creates pollution in...
In 2012, Mexico's monetary policy was successful in keeping the country's inflation rate low and stable. Fiscal policy measures, including a rise i...
In March 2012, the Indian Government increased the tariff on imports of gold. It did this to reduce the country's growing deficit on the current ac...
The following are four ways factors of production are used. What is likely to require the greatest use of the factor enterprise?
To help reduce the price of oil, new supplies are needed. However, in 2013, objectors opposed attempts to explore new sites because of the environm...
With a given level of resources, an economy that can produce food or computers is at point Q on its production possibility curve. Population growth...
A person makes sandwiches at home for five hours each day. She makes 20 sandwiches per hour, and she sells each sandwich for $2 each. What is the o...
What can be found in a mixed economy but not in a market economy?
Newspapers recently reported there had been a decrease in the demand for beef and that its price per kilogram had increased. From the initial equil...
The diagram shows the market for fresh fish in the Caribbean with equilibrium point X. A new type of fishing boat increases production, which reduc...
A large supermarket applied to build on land which was in an area of natural beauty. The local government allowed the building, even though the nat...
Cigarettes have been used as money in exceptional circumstances. What is the most likely reason that they are not acceptable as money in normal cir...
The table shows a country's trade union membership in millions between 2008 and 2011. What can be concluded about the country's trade union members...
A bus driver works longer hours if the wage rate increases. As his earnings increase there reaches a point when he prefers more leisure to work. Wh...
In 2013, a German company that manufactured medicines bought a UK company that ran a chain of pharmacies that sold medicines. What term best descri...
When is a firm considered more capital-intensive than another firm?
In 2009, Gulf Airlines, which was making a loss, stated it would reduce the number of new aircraft on order. If it did this, which of its costs wou...
The diagram shows the costs of a firm. What is the firm's total variable cost at an output of 100 units?
A government lowers the rate of interest. Who is most likely to be disadvantaged by this policy?
Which is a supply-side policy that would increase output in the long-run?
Russia exports wheat. In 2010, a bad harvest led the Russian government to prevent the export of wheat, to ensure enough supplies were kept for dom...
The government reduces the rate of income tax and increases the rate of tax on producers. From the initial equilibrium point X, which letter indica...
What is most likely to cause economic growth?
A worker earns $250 each week, which leaves a disposable income of $175. What will affect the real value of the worker's $250 earned income?
The table shows the unemployment rate in three developed economies in June 2013. What is the main cause of high rates of unemployment in developed ...
From 2012 to 2013, European economies experienced weak economic growth. Based on the information on GDP, industrial production and unemployment in ...
What is not a reason why the average size of families is likely to be greater in developing countries than in developed countries?
The table shows the proportion of GDP produced by each sector of production in three fictitious countries. What can be concluded from the table?