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1.1 Economic methodology and the economic problem

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Question 5
73%

Which one of the following is classified as the economic resource 'land' by economists?

A

A deep-water shipping port created through coastal dredging and concrete breakwater construction

B

An unextracted offshore reservoir of crude oil located within an exclusive economic zone

C

Proprietary seismic imaging software used to identify underground geological formations

D

Corporate bonds issued by an international mining conglomerate to fund exploration

Markscheme

1.1 Economic methodology and the economic problem Questions

  1. A Level
  2. /Economics
  3. /1.1 Economic methodology and the economic problem

123 exam-style questions on AQA A Level Economics 1.1 Economic methodology and the economic problem, covering 1.1.1 Economic methodology, 1.1.2 The nature and purpose of economic activity, 1.1.3 Economic resources, 1.1.4 Scarcity, choice and the allocation of resources, and 1.1.5 Production possibility diagrams. Each one has a worked solution and a mark scheme showing where the marks go.

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