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.
It is forecast that India's working-age population aged between 15 and 64 will rise by 125 million between 2015 and 2025 and by a further 103 milli...
Tuk-tuks, three-wheeled motorised rickshaws, are driven in a number of countries. India is the largest producer of the vehicle. India's largest tuk...
In July 2016 the Sveriges Riksbank, Sweden's central bank, cut the rate of interest to 0.25%. The Swedish economy was experiencing deflation, with ...
Deposits in banks in Dubai rose by 40% in 2013. More financial companies are locating in Dubai. The growth in its financial sector is being accompa...
Countries have to decide how to use their scarce resources. A number of countries are devoting more of their resources to tourism. Some of the jobs...
Which combination of terms gives the general definition of the economic problem?
Helium is a gas that is limited in supply. It takes thousands of years to form from decaying radioactive rocks. The US government holds 35% of the ...
The diagram shows a production possibility curve for an economy. Which point on the diagram is the most efficient for the economy to produce both c...
The diagram shows the market for a product. [Diagram] Which statement about the points marked on the diagram is correct?
The diagram shows the demand for chocolate. [Diagram] What could cause the movement from point X to point Y?
A football club raises all stadium seat prices by 5%. The stadium is divided into four zones. The demand for seats falls by 1% in zone W, by 3% in ...
A project to build one of the world's biggest coal mines was planned in Australia. The project was estimated to cost $US12.5 million. It would crea...
What is likely to happen when the rate of interest increases?
In which type of work are employees most likely to earn their highest income at a relatively young age?
Individuals produced their own goods. They then decided to specialise. They formed a group and offered their skills to each other but without the u...
Tea is a very popular drink in Turkey and Morocco but coffee is an alternative drink preferred by many people. Many cafés provide a small biscuit w...
To achieve horizontal integration, a firm producing tyres could merge with another firm producing
Which cost would be considered variable by a bus company?
A monopoly takes over an industry from competitive firms. What is not likely to be true about a monopoly compared with a competitive firm?
The table shows how a firm's production changes as it employs more workers. number of workers | 10 | 20 | 30 | 40 total production (kilos) | 50 | 1...
When is a tax progressive?
A government intends to improve skills by offering free training to school leavers at age 16 until they reach 18 years. It proposes to pay for this...
In trying to achieve one of its aims a government may make it difficult to achieve another aim. What is an example of this conflict?
The charts relate to the Financial Statement of the government of New Zealand for 2014. What can be concluded? [Diagram]
A newspaper reported that a country's economy had grown by 3% during the last year. What must have increased in that year?
A country has a low GDP and a large population but ranks relatively highly on the HDI. Which combination may exist in the country? income per head ...
The information below refers to an economy for a financial year. government expenditure = $2866 million government revenue = $1940 million What was...
In a developing country real incomes have risen. Which situation would definitely have caused this? price level | money incomes
Which characteristic do developed and developing economies have in common?
The diagram shows population projections until the year 2075 for selected areas. Assuming no migration, which situation must exist if the populatio...
The table gives information about four countries. Which country is likely to have the highest standard of living? life expectancy | GDP per head ($...
Which government policy is most likely to increase the volume of exports?
What is necessarily involved in international free trade?
In recent years, the US has experienced a deficit on its overall current account of the balance of payments. What could have led to an increase in ...
In 2015, China was the world's largest exporter of manufactured goods and a major importer of oil and minerals. China devalued the yuan (renminbi) ...
Which is not a factor of production?
Heavy rain caused floods in an area of a country. What may be an opportunity cost of repairing the damage caused?
The diagram shows a production possibility curve for cars and furniture. [Figure 3.1] A recession causes a decrease in production in both cars and ...
In response to an increase in price from $5 per kilo to $6 per kilo a chicken farmer increased supply from 400 kilos to 500 kilos per week. What is...
The diagram shows the demand for chocolate. [Figure 5.1] What could cause the movement from point X to point Y?
A bee-keeper maintains hives of bees to produce honey. The bees can pollinate neighbours' fruit trees but also give a painful sting to gardeners. I...
In 2015 there was a significant fall in the world price of petrol (gasoline). What would not have been a cause of the price fall?
Which statement about financial matters is correct?
What is most likely to be used to support a claim for wage increases in an industry?
The government increases the rate of income tax and decreases the rate of a sales tax (VAT). From the initial equilibrium point of X, which letter ...
In South Africa, the number of skilled workers is relatively low. However, average wages in South Africa are double the average wage in Brazil and ...
Which costs will necessarily fall continuously as output increases?
The table shows the costs of a firm. [Table 15.1] What is the value of the firm's fixed costs?
A government wishes to try to make the distribution of income in the country more equal. Which policy would be most likely to achieve this?
Which policy combination will be the most effective if a government wishes to increase the level of employment?