Edexcel Economics Macro 2 Test
Questions With Correct Answers
Unit 1.1.1 - ANSCeteris Paribus
Unit 1.1.2 - ANSPositive + Normative Statements
Unit 1.1.3 - ANSOpportunity Cost
Unit 1.1.4 - ANSProduction Possibility Frontiers
Unit 1.1.5 - ANSFunction of Money
Unit 1.1.5 - ANSDivision of Labour + Specialisation
Unit 1.2.1 - ANSUtility Theory
Unit 1.2.2 - ANSDemand Theory
Unit 1.2.3 - ANSPrice Elasticity of Demand
Unit 1.2.3 - ANSIncome Elasticity of Demand
Unit 1.2.3 - ANSCross Price Elasticity of Demand
Unit 1.2.4 - ANSSupply Theory
Unit 1.2.6 - ANSPrice Determination
Questions With Correct Answers
Unit 1.1.1 - ANSCeteris Paribus
Unit 1.1.2 - ANSPositive + Normative Statements
Unit 1.1.3 - ANSOpportunity Cost
Unit 1.1.4 - ANSProduction Possibility Frontiers
Unit 1.1.5 - ANSFunction of Money
Unit 1.1.5 - ANSDivision of Labour + Specialisation
Unit 1.2.1 - ANSUtility Theory
Unit 1.2.2 - ANSDemand Theory
Unit 1.2.3 - ANSPrice Elasticity of Demand
Unit 1.2.3 - ANSIncome Elasticity of Demand
Unit 1.2.3 - ANSCross Price Elasticity of Demand
Unit 1.2.4 - ANSSupply Theory
Unit 1.2.6 - ANSPrice Determination
