Economics 2281 · O Level
Mixed economic system
13 practice questions on Mixed economic system, with worked solutions and instant marking.
What is present in a mixed economy but not in a market economy?
May/June 2015
Which situation shows a mixed economy?
May/June 2019
In contrast to the UK and US, a large share of the stocks listed on the stock exchanges of China and Russia belongs to state-owned enterprises. What conclusion about China and Russia can be drawn from this information?
May/June 2019
In a mixed economy like Portugal’s, the state takes action in the economy. Government intervention may be used to remedy market failure and to meet economic objectives, for example keeping inflation under control. In 2017, one-fifth of Portugal’s population was in poverty, and government spending rose.
May/June 2019
Which of the following is not a function of central government in a mixed economy?
May/June 2024
Indonesia has a mixed economic system. Bank Indonesia, the central bank of Indonesia, seeks stable prices. Changes in population size can affect the country’s price level. Indonesia’s population is still rising, although the growth rate is now slower. Several industries in the country are expanding, with especially rapid growth in Indonesian domestic and international air travel.
May/June 2024
Over recent years, Peru has been shifting away from a mixed economic system and moving nearer to a market economic system. One sign of this change is that more small firms have been started. For some of these firms, the short-run objective is profit maximisation, whereas others are aiming to expand. In the long run, both of these aims can be achieved. Some small firms grow into large firms that are quoted on their country’s stock exchange.
Oct/Nov 2016
In a mixed economy, what is the government most likely to produce?
Oct/Nov 2017
Who has ownership of a public sector organisation?
Oct/Nov 2020
What is the reason a government supplies some goods and services in a mixed economic system?
Oct/Nov 2021
In Tunisia, decisions about resource allocation are taken by both the public sector and the private sector. From 2014 to 2018, Tunisia’s GDP rose, yet households put aside less. Income levels can be influenced by shifts in trade union activity and the foreign exchange rate. Between 2014 and 2018, Tunisia saw several strikes organised by its biggest trade union, the Tunisian General Labour Union. Its foreign exchange rate also fell sharply.
Oct/Nov 2021
Luxembourg is a nation with a very high level of economic development. Its government steps in to try to reduce some of the drawbacks that may arise in a market economic system. Some firms in the country operate in competitive markets, whereas others are monopolies. Households in the country save a large share of their income. Immigration is the chief reason for the country's population growth.
Oct/Nov 2024
Which combination indicates features of the mixed economic system?
Oct/Nov 2025