The diagram shows a production possibility curve for an economy that can produce rice or electronic equipment. The economy is at point Q. A recession causes unemployment in the electronics industries. At which point will the economy be in the diagram?

0455_w15_qp_12

MCQ

2015

Paper 1, Variant 2

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The diagram shows a production possibility curve. The country is using all its resources to produce both manufactured goods and services. manufacturing O services K L M N What movement would represent an improvement of technology in manufacturing?

0455_w17_qp_12

MCQ

2017

Paper 1, Variant 2

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The diagram shows a country’s production possibility curve (PPC). consumer goods capital goods O Y X Z Which statement is correct?

0455_w18_qp_12

MCQ

2018

Paper 1, Variant 2

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The diagram shows two production possibility curves. output of consumer goods output of capital goods X Y Which statement about the movement from point X to point Y is correct?

0455_w19_qp_12

MCQ

2019

Paper 1, Variant 2

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The diagram shows an economy’s production possibility curve (PPC). The economy moves from point X to point Y. O capital goods consumer goods X Y What is the most likely effect of this change?

0455_w20_qp_11

MCQ

2020

Paper 1, Variant 1

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The diagram shows a production possibility curve (PPC) for a country. The country moved from position X to position Y on the PPC. O capital goods consumer goods X Y What is the most likely reason for this change?

0455_w20_qp_12

MCQ

2020

Paper 1, Variant 2

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The diagram shows a production possibility curve (PPC) for a country. The country moved from position X to position Y on the PPC. O capital goods consumer goods X Y What is the most likely reason for this change?

0455_w23_qp_13

MCQ

2023

Paper 1, Variant 3

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What economic concept must be at work when there is movement by a country along its production possibility curve?

0455_s16_qp_12

MCQ

2016

Paper 1, Variant 2

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The diagram shows a production possibility curve (PPC) for an economy that produces both capital goods and consumer goods. At which point will the economy show the highest potential for sustained long run economic growth?

0455_s19_qp_12

MCQ

2019

Paper 1, Variant 2

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What would cause an outward shift of a country’s production possibility curve (PPC)?

0455_s19_qp_13

MCQ

2019

Paper 1, Variant 3

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