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Learn Extracted exam questions A-Level Economics 9708 Economics November 2025 Question Paper 13

9708 Economics November 2025 Question Paper 13

Source PDF on the left, extracted YAML on the right. Compare numbering, marks, options and text.

1 1 mark multiple_choice 1.2

‘The economies of the poorest nations have large international debts; the richest nations should cancel the debts of these nations and reduce poverty.’ What is the nature of each statement? richest nations should cancel these debts to reduce poverty poorest nations have large international debts normative normative

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
2 1 mark multiple_choice 1.3

A process is split into a series of individual tasks.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
3 1 mark multiple_choice 4.4

the faster growth of services than of manufacturing

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
4 1 mark multiple_choice 3.2

A minimum price guarantee for apple producers is removed.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
5 1 mark multiple_choice 1.5

O good Y good X PPC1 PPC0 PPC3 PPC2 What is the effect on the PPC following the emigration of a large number of workers? the PPC remains at PPC0

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
6 1 mark multiple_choice 2.2

complementary good

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
7 1 mark multiple_choice 2.1

price of good X quantity demanded O D2 D1 D3 What would cause a movement along D1 for good X and not a shift to either D2 or D3? advertising of good X increases sales

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
8 1 mark multiple_choice 2.4

O P1 Q1 price quantity

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
9 1 mark multiple_choice 2.2

a normal good that is a complement to good Y

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
10 1 mark multiple_choice 2.3

PES for furniture firm 2.5

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
11 1 mark multiple_choice 2.4

O price quantity

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
12 1 mark multiple_choice 3.2

maximum price for good X ($)

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
13 1 mark multiple_choice 4.2

consumer expenditures

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
14 1 mark multiple_choice 5.4

spending on new road building

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
15 1 mark multiple_choice

A government provides a subsidy for a product with a perfectly price inelastic demand. What prevents producers from benefiting from this subsidy? 15 A B C The subsidy causes a large reduction in the price of the product, as its price elasticity of demand is infinite. The subsidy causes a large reduction in the price of the product, as its price elasticity of demand is zero. The subsidy causes a small reduction in the price of the product, as its price elasticity of demand is relatively elastic. The subsidy causes a small reduction in the price of the product, as its price elasticity of demand is relatively inelastic. D

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
16 1 mark multiple_choice 3.1

reason for intervention good X to decrease consumption demerit good

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
17 1 mark multiple_choice 4.1

$billion 300 GDP at basic prices Indirect taxes Subsidies What is GDP at market prices?$324bn

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
18 1 mark multiple_choice 4.1

rate of change in general price level (% per year) rate of change in nominal GDP (% per year) −2

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
19 1 mark multiple_choice 4.2

The initial rise in injections is greater than the initial rise in leakages.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
20 1 mark multiple_choice 6.4

imports become more competitive

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
21 1 mark multiple_choice 4.5

cyclical

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
22 1 mark multiple_choice 4.6

–1 –2 –3 2020 2025 2024 2023 2022 2021 year price change % from the start of 2020 to the end of 2025

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
23 1 mark multiple_choice 5.1

supply side policy monetary policy fiscal policy key ✓ ✓ ✓

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
24 1 mark multiple_choice 5.2

LRAS P O Y YFE real output AD price level Which fiscal policy change is most likely to achieve this aim? decreasing the rate of income tax

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
25 1 mark multiple_choice 5.2

It is both a contractionary fiscal policy and a supply-side policy.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
26 1 mark multiple_choice 5.2

a reduction in income tax rates

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
27 1 mark multiple_choice 4.1

dividends received by a Pakistani resident from shares in a domestic firm

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
28 1 mark multiple_choice 6.1

One country can produce a product at a lower opportunity cost than another country.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
29 1 mark multiple_choice 1.5

the production possibility curve

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
30 1 mark multiple_choice 6.3

current account terms of trade increases increases

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D

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