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1.1 Nature of economics

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Question 34

In 2024, a coastal country announced a major infrastructure plan to construct several tidal lagoons to generate electricity from marine currents. Simultaneously, to meet immediate baseload demand, the government approved the expansion of a deep-well extraction site for shale gas.

Which one of the following is the correct classification for these energy resources?

A

Tidal energy: non-renewable; Shale gas: renewable

B

Tidal energy: non-renewable; Shale gas: non-renewable

C

Tidal energy: renewable; Shale gas: renewable

D

Tidal energy: renewable; Shale gas: non-renewable

Markscheme

1.1 Nature of economics Questions

  1. A Level
  2. /Economics
  3. /1.1 Nature of economics

85 exam-style questions on Edexcel A A Level Economics 1.1 Nature of economics, covering 1.1.1 Economics as a social science, 1.1.2 Positive and normative economic statements, 1.1.3 The economic problem, 1.1.4 Production possibility frontiers, 1.1.5 Specialisation and the division of labour, and 1.1.6 Free market economies, mixed economy and command economy. Each one has a worked solution and a mark scheme showing where the marks go.

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