Question 1
The diagram shows a country's production possibility curve (PPC). The country produces at point X. What does point X show?
Economics practice questions by topic
Original questions for every topic, with worked explanations and feedback on written answers.
| Paper 1 style | Multiple choice, 90 seconds a question in our timed sets |
|---|---|
| Paper 2 style | Data responses and four-part questions |
| Written answers | Read against the mark points, with your next step |
| Topics | All six |
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Question 2
| Group | Weight | Price change (%) |
|---|---|---|
| Food | 50 | 10 |
| Housing | 30 | 5 |
| Transport | 20 | −5 |
The table shows the weights in Velmora's consumer prices index and the change in the price of each group of goods over a year. What is the rate of inflation?
Question 3
What is meant by absolute poverty?
Question 4
The diagram shows the market for Velmora's currency, the crown. Demand for crowns shifts from D1 to D2. Which event could have caused this?
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Are older past papers still useful?
Mostly, but check each question against the 2027 syllabus topics.