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Learn Extracted exam questions IGCSE Economics 0455 Economics March 2025 Question paper 12

0455 Economics March 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 2.9

an airport

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
2 1 mark multiple_choice 2.9

external cost

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
3 1 mark multiple_choice 1.4

The diagram shows an initial production possibility curve of PPC1. O consumer goods capital goods PPC2 PPC1 What is likely to have caused the movement of the production possibility curve PPC1 to PPC2? a decline in non-renewable resources

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
4 1 mark multiple_choice 2.3

a fall in the cost of growing wheat

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
5 1 mark multiple_choice 2.8

whether all income groups receive the output

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
6 1 mark multiple_choice 2.4

price quantity X

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
7 1 mark multiple_choice 2.6

demand will fall by 20%

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
8 1 mark multiple_choice 2.1

consumers decide whether production is labour-intensive or capital-intensive

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
9 1 mark multiple_choice 1.3

the cost of building the road

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
10 1 mark multiple_choice 3.1

accepting deposits

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
11 1 mark multiple_choice 3.3

wage rate hours worked

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
12 1 mark multiple_choice 3.3

employers

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
13 1 mark multiple_choice 3.5

when diseconomies of scale occur at low levels of output

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
14 1 mark multiple_choice

600%

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
15 1 mark multiple_choice 3.6

costs ($000) output 100 What is the firm’s total variable cost at an output of 100 units?$30000

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
16 1 mark multiple_choice 3.6

average revenue ($) output What happens to total revenue as output rises? Total revenue falls and then rises.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
17 1 mark multiple_choice 4.2

a forecast of government spending and revenue for the following financial year

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
18 1 mark multiple_choice 6.3

exchange rate policy

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
19 1 mark multiple_choice 4.2

It creates disincentives for wage earners.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
20 1 mark multiple_choice 4.6

year 2 employment (m) year 1 employment (m) economic sector education engineering farming finance healthcare motor vehicle production oil extraction What can be concluded from the information? Less output was produced in the economy in year 2 than year 1.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
21 1 mark multiple_choice 4.4

controlling firms locating in areas of low employment

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
22 1 mark multiple_choice 4.4

allowing workers time off to attend retraining courses

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
23 1 mark multiple_choice 4.7

year 2 year 1 CPI category 200 100 clothing 300 400 food 100 100 energy 100 200 household goods 300 200 motoring 1000 1000 total What can be concluded from the table when comparing year 1 and year 2? Real income spent by the average consumer on motoring increased.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
24 1 mark multiple_choice 5.4

HDI value country 0.90 X 0.45 Y What might explain the difference in the HDI values? Country X has double the inflation rate of country Y.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
25 1 mark multiple_choice 5.2

generous state pensions

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
26 1 mark multiple_choice 5.3

What can be concluded from the diagram? Men outnumber women in each year.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
27 1 mark multiple_choice 5.4

Oil is a non-renewable resource that could be exhausted quickly.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
28 1 mark multiple_choice 2.6

The price elasticity of demand for Chinese steel is –2.5.

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
29 1 mark multiple_choice 4.3

raise interest rates

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D
30 1 mark multiple_choice 4.2

cutting government spending

  1. A

    A
  2. B

    B
  3. C

    C
  4. D

    D

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