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OCR 2023 ECONOMICS H060/01: MICROECONOMICS AS LEVEL QUESTION PAPER & MARK SCHEME (MERGED)
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1 Which of these contains all the four factors of production? A Capital, enterprise, labour, land B Capital, labour, profit, rent C Enterprise, interest, land, wages D Interest, profit, rent, wages Your answer [1] 2 What is the income elasticity of demand if a 10% increase in consumer income l...
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Add to cart1 Which of these contains all the four factors of production? A Capital, enterprise, labour, land B Capital, labour, profit, rent C Enterprise, interest, land, wages D Interest, profit, rent, wages Your answer [1] 2 What is the income elasticity of demand if a 10% increase in consumer income l...
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OCR 2023 ECONOMICS H460/01: MICROECONOMICS A LEVEL QUESTION PAPER & MARK SCHEME (MERGED)
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Read the stimulus material and answer all the parts of Question 1. Wage differentials in the USA Research shows the ratio of Chief Executive pay (‘remuneration’) to employee remuneration in the USA has increased significantly since 2010 (see Fig. 1). In 2019, Chief Executives at the largest ...
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Add to cartRead the stimulus material and answer all the parts of Question 1. Wage differentials in the USA Research shows the ratio of Chief Executive pay (‘remuneration’) to employee remuneration in the USA has increased significantly since 2010 (see Fig. 1). In 2019, Chief Executives at the largest ...
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OCR 2023 GCE ECONOMICS H460/02: MACROECONOMICS A LEVEL QUESTION PAPER & MARK SCHEME (MERGED)
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SECTION A Read the stimulus material and answer all parts of Question 1. International competitiveness In 2019, the UK had a trade in goods and services deficit of £30.5bn and a current account deficit of £95.3bn. A country’s international competitiveness is influenced primarily by the relat...
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Add to cartSECTION A Read the stimulus material and answer all parts of Question 1. International competitiveness In 2019, the UK had a trade in goods and services deficit of £30.5bn and a current account deficit of £95.3bn. A country’s international competitiveness is influenced primarily by the relat...
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