Economics 2281 · O Level · The nature of the economic problem

The nature of the economic problem — practice question

What is the reason for the economic problem affecting the worldwide market for gold?

  • AConsumer wants for gold are limited.
  • BGold is a limited resource.
  • COnly governments can sell gold.
  • DThere is an unlimited supply of gold.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI