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1.1 Economic methodology and the economic problem

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Question 66

The primary objective of all economic activity is to:

A

guarantee full employment for the active workforce.

B

maximise the financial surplus of private firms.

C

satisfy the unlimited wants of society using scarce resources.

D

replace market mechanisms with state planning.

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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