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Learn Extracted exam questions IGCSE Economics 0455 Economics June 2025 Question Paper 12

0455 Economics June 2025 Question Paper 12

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

1 1 mark multiple_choice 1.1

infinite quantity of capital

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
2 1 mark multiple_choice 3.3

a desire to live near family and friends

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
3 1 mark multiple_choice 1.4

output of capital goods O output of consumer goods X Y Which change in the economy’s labour market will allow it to reach point Y? employed workers become more productive

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
4 1 mark multiple_choice 2.1

decision 2 decision 1 a firm sets the prices for its products a school recruits more teachers

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
5 1 mark multiple_choice 2.4

supply (kilos) demand (kilos) price ($) per kilo At the equilibrium price, what will be the total expenditure on coffee?$400

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
6 1 mark multiple_choice 2.2

price quantity price quantity O O What will be the shape of the market demand curve for the good?

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
7 1 mark multiple_choice 2.5

O price quantity S1 D1 D2 P2 P1 If prices had remained at P1 even during the hot weather, what was likely to have happened in the market for ice cream? equilibrium

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
8 1 mark multiple_choice 2.7

time taken to produce the good the good is easily stored one day no

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
9 1 mark multiple_choice 2.9

it is more beneficial to the consumer than they realise

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
10 1 mark multiple_choice 3.3

female $male$ 100

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
11 1 mark multiple_choice 3.5

costs output O ATC X Y Why is the movement from X to Y likely to result from this merger? Consumer demand is rising.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
12 1 mark multiple_choice 3.6

a decrease in the number of customers in the restaurant

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
13 1 mark multiple_choice 3.6

costs that are divided by the amount produced

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
14 1 mark multiple_choice 3.6

variable costs ($) fixed costs ($) output (units) 140 100

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
15 1 mark multiple_choice

The only information known about a firm is the price it charges for its product and the quantity it sells. What else can be concluded from this? 15 its average cost and profit A its average cost and total revenue B its average revenue and profit C its average revenue and total revenue D

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
16 1 mark multiple_choice 3.5

decrease increase economies of scale barriers to entry

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
17 1 mark multiple_choice 4.5

economic growth

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
18 1 mark multiple_choice 4.2

% paid in tax income tax O Which term is used to describe the tax? indirect

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
19 1 mark multiple_choice 4.2

a rise in government borrowing

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
20 1 mark multiple_choice 4.3

increasing the money supply

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
21 1 mark multiple_choice 5.2

the rate of absolute poverty

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
22 1 mark multiple_choice 4.6

number of people 10000000 of working age 7000000 employed 1000000 unemployed 2000000 not seeking work Which percentage of working-age people are in the labour force? 90%

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
23 1 mark multiple_choice 4.6

cyclical

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
24 1 mark multiple_choice 4.5

supply of goods and services in country X demand for goods and services in country X 5% decrease 5% decrease

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
25 1 mark multiple_choice 5.4

The food grown is not exported.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
26 1 mark multiple_choice 4.2

increased government budget deficit

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
27 1 mark multiple_choice

$500

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
28 1 mark multiple_choice 4.4

developing courses for training in mining

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
29 1 mark multiple_choice 6.3

local currency price in local currency country Australian dollars $14.99 Australia Canadian dollars$11.99 Canada New Zealand dollars $20.95 New Zealand GB pound £6.99 United Kingdom What additional information is required to make a meaningful comparison of the price of the book between the countries? direct tax rates

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
30 1 mark multiple_choice 4.5

a decrease in GDP

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D

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