The economic problem: OCR A‑Level Economics questions
Every OCR A-Level Economics exam question on 1.1 The economic problem, 2021–2025, with its mark scheme and examiner’s report.
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All 20 questions on The economic problem, as a list
- June 2025, AS Paper 1, Q1 (1 mark): Whose objective is it to raise tax revenue? A Employees B Firms C Government D Households [1]
- June 2025, AS Paper 1, Q8 (1 mark): What is a reward for labour? A Interest B Profit C Rent D Wages [1]
- June 2024, Paper 3, Q1 (1 mark): What is the reward to enterprise? A Interest B Profit C Rent D Wages [1]
- June 2024, AS Paper 1, Q3 (1 mark): Which of these is an example of a normative statement? A More people will use solar energy B Solar energy will be the only type of energy available C Solar ener
- June 2024, AS Paper 1, Q6 (1 mark): Which of these is not an economic agent? A Countries B Firms C Governments D Households [1]
- June 2024, AS Paper 1, Q8 (1 mark): Which is not a reward for a factor of production? A payment by a tenant of a house to its owner B return received by a person on their savings account C revenue
- June 2024, AS Paper 1, Q9 (1 mark): The best description of a free good is A Consumers do not have to pay for the good B Scarce resources are not used in the production of the good C The productio
- June 2023, Paper 3, Q7 (1 mark): What is one of the roles of a firm? A To produce goods and/or services B To regulate markets C To supply labour D To tax households [1]
- June 2023, AS Paper 1, Q1 (1 mark): Which of these contains all the four factors of production? A Capital, enterprise, labour, land B Capital, labour, profit, rent C Enterprise, interest, land, wa
- June 2023, AS Paper 1, Q3 (1 mark): Which of these is an example of a normative statement? A Taxes on cigarettes provide the government with tax revenue B The government should raise taxes even hi
- June 2022, Paper 3, Q7 (1 mark): ‘There are insufficient resources to meet society’s wants.’ What does this statement describe? A Positive externalities of consumption B Positive externalities
- June 2022, Paper 3, Q28 (1 mark): What is likely to be an irrational act? A Consumption decreasing when the interest rate increases B Consumers demanding more of an inferior good when their inco
- June 2022, AS Paper 1, Q1 (1 mark): Which factor of production receives the reward of interest? A Capital B Enterprise C Labour D Land [1]
- June 2022, AS Paper 1, Q9 (1 mark): What is the main role of firms in a market economy? A To look after the welfare of all citizens B To pay subsidies C To provide goods and services D To provide
- June 2022, AS Paper 1, Q12 (1 mark): Which of these is a free good? A Fire service B Healthcare C Roads D Sunlight [1]
- June 2022, AS Paper 1, Q15 (1 mark): Which of the following is a positive statement? A Deflation is bad for everyone B Low unemployment benefits everyone C Market economies are always the most effi
- June 2022, AS Paper 1, Q18 (20 marks): 18* Division of labour and specialisation is used in many firms in Germany, a country which specialises in high value manufacturing. Evaluate, using an appropri
- November 2021, Paper 1, Q5 (25 marks): 5* According to scientists, there are at least half a million pieces of space rubbish in the earth’s atmosphere. Delhi, India’s capital city, sees 80 deaths a d
- November 2021, Paper 3, Q1 (1 mark): What is a characteristic of positive economic statements? A They are subjective opinions B They can be proven true or false C They explain correctly what is hap
- November 2021, Paper 3, Q26 (1 mark): What is the problem caused by scarcity? A Allocative inefficiency will occur B Individuals have to make choices C Productivity falls as a result of boredom from
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