Skip to content

Course home

Sign up

1.1 Economic methodology and the economic problem

EasyMediumHard
1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798
Question 75

An economy experiences sustained technological progress, leading to continuous outward shifts of its Production Possibility Frontier (PPF). Despite this growth, the primary purpose of economic activity in this society remains to:

A

expand productive capacity until the fundamental constraint of scarcity is entirely eliminated.

B

allocate scarce resources to satisfy competing, unlimited human wants.

C

ensure that market forces completely replace state intervention in resource allocation.

D

maximise the rate of technological adoption to achieve full employment.

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.

Question bank