The economics paper two is one that students have come to fear more as they have the idea that it is harder than the first. To help you be calmer and get rid of the pre exam jitters making their way to you, we have prepared the quiz below. Give it a try.
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6 marks
7 marks
8 marks
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2 points
3 points
4 points
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You select three questions and give them 20 minutes each
You select one question and answer it very thoroughly
You select two questions and spend 40 minutes on one and 20 minutes on the other one
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A point outside the curve
A point inside the curve
A point along the curve
A point outside the diagram
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Accurate diagram and explanation of equilibrium price
Accurate diagram and explanation of equilibrium price + detailed discussion of one consequence
Accurate diagram and explanation of equilibrium price + detailed discussion of two consequences
Accurate diagram and explanation of equilibrium price + less detailed discussion of two consequences
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Yes
No
Yo
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Income tax, demand-side consequence and supply-side consequence
Income tax, aggregate demand and aggregate supply
Income tax
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2/10
3/10
4/10
5/10
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