
AQA AS Economics Paper 2; 2024 MCQs
Authored by Andy Pascoe
Other
11th Grade
Used 2+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does labour productivity measure?
The number of workers employed in a firm
The total value of output in the economy
Output per worker or per hour worked
The total cost of labour per unit of output
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following would most likely lead to an increase in labour productivity?
A) A rise in interest rates
B) Increased investment in worker training and education
C) Higher levels of taxation on incomes
D) A fall in exports
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the best definition of productivity?
The number of goods produced in an economy
The total income received by households
Output per unit of input
The level of inflation in an economy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capital productivity is defined as:
Total output divided by the number of workers
Output produced per unit of capital input
Capital employed divided by output
The number of machines in use in the economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is productivity important for economic growth?
It reduces the need for exports
It allows workers to take more holidays
Higher productivity leads to greater output with the same resources
It increases the inflation rate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Consumer Prices Index (CPI) measure?
The level of wages in the economy
The average change in prices of a basket of goods and services over time
The total value of goods produced in an economy
The interest rate set by the Bank of England
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How often is the CPI basket of goods and services reviewed in the UK?
Every five years
Every month
Every year
Every quarter
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