Exam-style questions by topic — Edexcel AS-Level Economics
One question for each of 2 topics. These are written for this specification by MasteryMind. They are not past-paper questions, and they are not from Pearson Edexcel.
Introduction to markets and market failure
In a free market, the price mechanism performs a rationing function. Which of the following best explains how this occurs?
Practise Introduction to markets and market failureThe UK economy - performance and policies
The UK government increases spending on infrastructure by £10 billion, financed by borrowing. Assuming the marginal propensity to consume is 0.8 and there is no crowding out, what is the maximum possible increase in national income according to the simple multiplier?
Practise The UK economy - performance and policies
Practise every topic and see your weak topics.
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