XI Economics MCQs

-

 XI Economics MCQs


→ Introduction to Microeconomics & Central Problems

→  Consumer’s Equilibrium - Utility & Indifference Curve

→ 

→  Producer behaviour and supply

→  Forms of market







Popular posts from this blog

Ch 4 Organisation of data Statistics grade 11

-
Image
  Page No 4.54: Question 1: Following are the figures of marks obtained by 40 students. You ae required to arrange them in ascending and in descending order. 15 18 16 14 10 6 5 3 8 7 22 18 14 19 17 8 6 4 10 3 12 16 15 13 11 10 18 22 14 19 11 18 22 14 25 21 17 8 9 10 ANSWER: Marks in Ascending Order:  3, 3, 4, 5, 6, 6, 7, 8, 8, 8, 9, 10, 10, 10, 10, 11, 11, 12, 13, 14, 14, 14, 14, 15, 15, 16, 16, 17, 17, 18, 18, 18, 18 ,19, 19, 21, 22, 22, 22, 25 Marks in Descending Order:  25, 22, 22, 22, 21, 19, 19, 18, 18, 18, 18, 17, 17, 16, 16, 15, 15, 14, 14, 14, 14, 13, 12, 11, 11, 10, 10, 10, 10, 9, 8, 8, 8, 7, 6, 6, 5, 4, 3, 3 Page No 4.54: Question 2: Heights (in inches) of 35 students of a class in given below. Classify the following data in a discrete frequency series 58 60 72 68 58 55 58 72 55 68 66 60 60 55 76 66 58 72 68 60 55 68 55 58 62 66 72 58 60 68 55 58 65 72 68   ANSWER: In the form of frequency distribution, the given data can be arranged as follows.   Heig...
Read more

CIE IGCSE Topical Past Paper 3.1 Economics Money and banking

-
Image
CIE IGCSE Topical Past Paper 2 3.1 Money and banking       0455/22/F/M/25 Finland is a high-income country that usually has a higher value of exports than imports. It has a strong commercial banking sector which has increased its lending in recent years. The country has an ageing population, with more than a quarter of its population aged over 65. In 2022, Finland’s Government had a budget deficit with government spending exceeding tax revenue. b) Explain why commercial bank may increase their lending. [4]  0455/22/M/J/24 Tajikistan is one of Asia’s low-income countries. Its currency, the somoni, has the key characteristics of money. More than one million Tajik people work abroad, mostly in Russia. In 2020, the Tajik government was concerned that the country’s economy might experience a recession which could cause a fall in tax revenue. Desp...
Read more

1.4 Production possibility curve (PPC) diagrams Economics CIE IGCSE Topical Past Paper 2

-
Image
CIE IGCSE Topical Past Paper 2 1.4 Production possibility curve (PPC) diagrams      0455/22/O/N/24 In 2021, the production point on the UK’s production possibility curve (PPC) changed. Average wages increased. The average annual wage of a waiter was $23,580 while that of a chief executive of a large commercial bank was $1,617,000. A rise in wages enables people to eat in restaurants more often. Some of the food sold in UK restaurants is imported. In 2021, the UK government signed free trade agreements, removing import restrictions, with a number of countries. (a) Identify two places where a production point could be located on a PPC diagram. [2] (b) Explain two reasons why someone may switch from eating in one restaurant to eating in another restaurant. [4] 0455/22/O/N/23  In 2020, Singapore experienced a decrease in both its population size and its labour force. 2020 wa...
Read more