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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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478 questions

  1. Q1

    June 2025 · AS Paper 1

    The whole paper ↗
    June 2025 AS Paper 1, question 1: Whose objective is it to raise tax revenue? A Employees B Firms C Government D Households [1]
    Your answer
  2. Q8

    June 2025 · AS Paper 1

    The whole paper ↗
    June 2025 AS Paper 1, question 8: What is a reward for labour? A Interest B Profit C Rent D Wages [1]
    Your answer
  3. Q1

    June 2024 · Paper 3

    The whole paper ↗
    June 2024 Paper 3, question 1: What is the reward to enterprise? A Interest B Profit C Rent D Wages [1]
    Your answer
  4. Q3

    June 2024 · AS Paper 1

    The whole paper ↗
    June 2024 AS Paper 1, question 3: 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
    Your answer
  5. Q6

    June 2024 · AS Paper 1

    The whole paper ↗
    June 2024 AS Paper 1, question 6: Which of these is not an economic agent? A Countries B Firms C Governments D Households [1]
    Your answer
  6. Q8

    June 2024 · AS Paper 1

    The whole paper ↗
    June 2024 AS Paper 1, question 8: 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
    Your answer
  7. Q9

    June 2024 · AS Paper 1

    The whole paper ↗
    June 2024 AS Paper 1, question 9: 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
    Your answer
  8. Q7

    June 2023 · Paper 3

    The whole paper ↗
    June 2023 Paper 3, question 7: 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]
    Your answer
  9. Q1

    June 2023 · AS Paper 1

    The whole paper ↗
    June 2023 AS Paper 1, question 1: 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
    Your answer
  10. Q3

    June 2023 · AS Paper 1

    The whole paper ↗
    June 2023 AS Paper 1, question 3: 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
    Your answer
  11. Q7

    June 2022 · Paper 3

    The whole paper ↗
    June 2022 Paper 3, question 7: ‘There are insufficient resources to meet society’s wants.’ What does this statement describe? A Positive externalities of consumption B Positive externalities
    Your answer
  12. Q28

    June 2022 · Paper 3

    The whole paper ↗
    June 2022 Paper 3, question 28: 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
    Your answer
  13. Q1

    June 2022 · AS Paper 1

    The whole paper ↗
    June 2022 AS Paper 1, question 1: Which factor of production receives the reward of interest? A Capital B Enterprise C Labour D Land [1]
    Your answer
  14. Q9

    June 2022 · AS Paper 1

    The whole paper ↗
    June 2022 AS Paper 1, question 9: 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
    Your answer
  15. Q12

    June 2022 · AS Paper 1

    The whole paper ↗
    June 2022 AS Paper 1, question 12: Which of these is a free good? A Fire service B Healthcare C Roads D Sunlight [1]
    Your answer
  16. Q15

    June 2022 · AS Paper 1

    The whole paper ↗
    June 2022 AS Paper 1, question 15: 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
    Your answer
  17. Q18

    June 2022 · AS Paper 1

    The whole paper ↗
    June 2022 AS Paper 1, question 18: 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
  18. Q5

    November 2021 · Paper 1

    The whole paper ↗
    November 2021 Paper 1, question 5: 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
  19. Q1

    November 2021 · Paper 3

    The whole paper ↗
    November 2021 Paper 3, question 1: 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
    Your answer
  20. Q26

    November 2021 · Paper 3

    The whole paper ↗
    November 2021 Paper 3, question 26: 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
    Your answer
All 20 questions on The economic problem, as a list
  1. 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]
  2. June 2025, AS Paper 1, Q8 (1 mark): What is a reward for labour? A Interest B Profit C Rent D Wages [1]
  3. June 2024, Paper 3, Q1 (1 mark): What is the reward to enterprise? A Interest B Profit C Rent D Wages [1]
  4. 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
  5. 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]
  6. 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
  7. 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
  8. 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]
  9. 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
  10. 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
  11. 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
  12. 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
  13. 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]
  14. 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
  15. 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]
  16. 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
  17. 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
  18. 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
  19. 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
  20. 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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