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Learn Extracted exam questions A-Level Economics 9708 Economics November 2025 Question Paper 32

9708 Economics November 2025 Question Paper 32

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

1 1 mark multiple_choice 7.3

An increase in the likelihood of taking risks because another party is paying for these risks.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
2 1 mark multiple_choice 7.2

100 quantity of good Y quantity of good X What determines the slope of the budget line? the marginal rate of substitution of good X for good Y

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
3 1 mark multiple_choice 7.4

U V W X O MPB MSB MPC MSC cost, benefit ($) quantity VO

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
4 1 mark multiple_choice 7.6

monopolistic competition

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
5 1 mark multiple_choice 7.1

marginal utility of good Y marginal utility of good X quantity 110 If a consumer spends all of their income on goods X and Y, which combination of goods would they choose to maximise their utility? 1 unit of X and 1 unit of Y

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
6 1 mark multiple_choice 7.3

that the marginal social cost of manufacturing equals the marginal social benefit

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
7 1 mark multiple_choice 7.6

O price $ MR MC AC AR A B C D quantity What might help achieve allocative efficiency?

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
8 1 mark multiple_choice 7.6

differentiated products

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
9 1 mark multiple_choice 7.8

the aim of satisficing

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
10 1 mark multiple_choice 8.2

Decreasing the threshold for paying income tax to $10000 for all taxpayers.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
11 1 mark multiple_choice 8.1

price O P1 Q1 Q2 Q3 P2 S

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
12 1 mark multiple_choice 6.2

in an industry that is protected by tariffs on imports from abroad

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
13 1 mark multiple_choice 9.4

What is likely to reduce the domestic money supply? Banks being allowed to hold a lower liquidity ratio.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
14 1 mark multiple_choice 11.6

Many foreign businesses have moved out of the country.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
15 1 mark multiple_choice 10.1

inflation is below its target rate

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
16 1 mark multiple_choice 10.2

What is most likely to increase if an economy enters a negative output gap?

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
17 1 mark multiple_choice 9.1

business confidence

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
18 1 mark multiple_choice 11.1

level of employment Marshall−Lerner condition satisfied below full employment no

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
19 1 mark multiple_choice 9.4

an increase in the frequency of income payments

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
20 1 mark multiple_choice 10.3

government borrowing increases

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
21 1 mark multiple_choice 10.2

balance of payments deteriorates and inflation increases

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
22 1 mark multiple_choice 10.2

change in inflation rate due to demand-pull factors change in inflation rate due to cost-push factors decrease decrease

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
23 1 mark multiple_choice 9.4

a decrease in interest rates

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
24 1 mark multiple_choice 11.3

Economic development is necessary for economic growth.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
25 1 mark multiple_choice 11.2

the price of one currency against a basket of other currencies

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
26 1 mark multiple_choice 11.5

characteristic 2 characteristic 1 tied bilateral

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
27 1 mark multiple_choice 11.2

revaluation of the exchange rate

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
28 1 mark multiple_choice 8.2

cumulative share of income % 100 100 cumulative % of households

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
29 1 mark multiple_choice 2.3

long run short run greater than 1.0 greater than 1.0

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
30 1 mark multiple_choice 11.4

an agricultural sector with a growing % of GDP

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D

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