Question 5
Question 5 of 30
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
2. The allocation of reso...
2.3. Demand

The causes of shifts in a demand curve with appropriate terminology, for example increase and decrease in demand.

2. The allocation of reso...
2.6. Price changes

Demand and supply diagrams to be used to illustrate these changes in market conditions and their consequences for equilibrium price and sales.

4. Government and the mac...
4.6. Economic growth

How changes in total demand may increase the utilisation of resources and GDP – resulting in a movement from inside toward the PPC.