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MCQ: November 2012, 2281/12, Question 5
Sunday, April 28, 2013
Post by EconoMaldives.
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O/L MCQ
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A/L Unit 1: Comparative Markets
- 1.1 What is the nature of economics? (2)
- 1.2 What determines the demand for a good or service in a market? (1)
- 1.3 What determines the supply of a good or service in a market? (1)
- 1.4 What determines the price of a good or service in a market? (1)
- 1.5 How might the change in price of a good or service be explained? (1)
- 1.6 What determines the wage rate for labour in a market? (1)
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- 1.9 What is government failure? (1)
A/L Unit 2: Managing the Economy
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- 2.3 What is aggregate demand (AD)? (1)
- 2.4 What is aggregate supply (AS)? (1)
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- 2.6 What are the causes costs and constraints on economic growth? (1)
- 2.7 What are the macroeconomic objectives of governments? Do they conflict? (1)
- 2.8 What are the main macroeconomic policy instruments? (1)
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A/L Unit 3: Business Economics
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- 3.10 How does the threat of competition affect a firm’s behavior? (1)
- 3.11 Why does the government intervene in markets to maintain competition? (1)
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- 3.3 How can we calculate the revenue of a firm? (1)
- 3.4 How can we calculate the costs of a firm? (1)
- 3.5 What is meant by efficiency? (1)
- 3.6 What is meant by profit? (1)
- 3.7 What barriers exist to firms entering and leaving markets? (1)
- 3.8 What do we mean by market concentration? (1)
- 3.9 What determines the behaviour of firms? (1)
A/L Unit 4: The Global Economy
- 4.1 What are the causes and effects of globalization? (1)
- 4.2 Why trade? (1)
- 4.3 How is international trade recorded and financed? (1)
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- 4.6 What are the limits to growth and development in developed and developing countries? (1)
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