IGCSE · Cambridge 0455
Economics 0455
2,524 practice questions with worked solutions, organised by topic and past-paper session. Practise any question and get your answer marked instantly.
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Example questions
An economy that has limited resources is encouraged to enhance the quality of its human resources. Which policy would bring about this improvement?
Supply-side policy · Feb/March 2016
The table shows how incomes changed for several occupations between $2003$ and $2013$. What conclusion can be drawn from the table?
Workers · Feb/March 2016
The table gives data for two workers. Annual income ($): doctor $60000$, window cleaner $24000$. Total deductions ($): doctor $10000$, window cleaner $8000$. Each worker puts aside $10\%$ of their disposable income. What amount does this represent in each case?
Households · Feb/March 2016
Which factor is most likely to raise a firm’s profits?
Firms’ costs, revenue and objectives · Feb/March 2016
Sohrab purchased shares in a French telecommunications company that trades in many countries. Joel owns and manages a shop that sells mobile telephone accessories and carries out repairs. What is not identified above?
Workers · Feb/March 2016
A company’s average revenue comes to $20$. It sells $1000$ units. What are the firm’s total revenue and the price of the product?
Firms’ costs, revenue and objectives · Feb/March 2016
The table presents the daily output and costs for four firms that produce chairs. Which firm has the greatest average cost of production?
Firms’ costs, revenue and objectives · Feb/March 2016
Assuming everything else remains unchanged, what is likely to reduce public spending?
Fiscal policy · Feb/March 2016
At what point does a tax become regressive?
Fiscal policy · Feb/March 2016
The Government of India wants to assist the very poorest people. Which policy would be most likely to achieve this?
Poverty · Feb/March 2016