The Multiple Choice Questions Blog The home of multiple choice questions for all your KS3, KS4 and

Time 2021-09-15 12:28:59

Web Name: The Multiple Choice Questions Blog The home of multiple choice questions for all your KS3, KS4 and

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The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.Scrumpers in Staffordshire want to pick wild sloe berries from sloe bushes that live in the hedgerows in the countrysides along with blackberry, hawthorn and rose-hip bushes, in order to make delicious sloe gin to keep them warm over winter.They find the sloe bushes by following grey squirrels around the country lanes who want the rose-hips to snack on over winter when they hibernate that is found side-by-side in the Staffordshire hedgerows.Scrumpers and grey squirrels are rival consumers.Sloe and rose-hip berries are free goods.Sloe and rose-hip berries are in joint supply.Slow berries is the opportunity cost of rose-hip berries.Show your workings to arrive at your answer, and explain and justify your reasons:…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.What justifies government intervention in the provision of a merit good such as education?People who pay for education value it more than those who cannot pay.Private schools have more merit than state schools.Social costs of providing education outweigh social benefits of education.Some consumers do not fully recognise the value of education.Show your workings to arrive at your answer, and explain and justify your reasons:…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.The UK has low unemployment and is managing the float of Sterling against other major currencies, but it still has a persistent current account deficit on its balance of payments.Which policy to reduce this deficit is most likely to keep unemployment low, but cause inflation in the UK?depreciating its currencyhigher direct taxationhigher import tariffshigher interest ratesShow your workings to arrive at your answer, and explain and justify your reasons:…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.A government wants to move its economy away from central planning towards a market economy.introduce tariffs on imported goodsprivatise the ownership of electricity generationprovide free education for primary school pupilsreduce prices of foods such as wheat and riceShow your workings to arrive at your answer, and explain and justify your reasons:…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.Which is a reason for a company issuing bonus shares to its existing shareholders?to capitalise reservesto increase profits available for dividendto raise the market value of sharesto raise additional cashShow your workings to arrive at your answer, and explain and justify your reasons:…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… What Are We all About? The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.Posts are made daily wherever possible and an answer is given too!All posts are subjected to:This work is licensed under a Creative Commons Attribution 4.0 International License. Privacy Cookies: This site uses cookies. By continuing to use this website, you agree to their use. To find out more, including how to control cookies, see here: Our Cookie Policy

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The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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