Economics P1 November 2022 SECTION A 1.1
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Question 1 of 8
1. Question
QUESTION 1
1.1 Various options are provided as possible answers to the following questions.
Choose the answer and write only the letter (A–D) next to the question
numbers (1.1.1 to 1.1.8) in the ANSWER BOOK, e.g. 1.1.9 D.This is how your instructions will be in the exam, for this exam practice, just select the correct answer.
1.1.1 Products that consumers can use repeatedly to satisfy their needs
for many years are called … goods.CorrectIncorrect -
Question 2 of 8
2. Question
1.1.2 The buying and selling of government securities to control the
money supply is known as …CorrectIncorrect -
Question 3 of 8
3. Question
1.1.3 Public goods that are non-excludable and non-rival in consumption
are called … goods.CorrectIncorrect -
Question 4 of 8
4. Question
1.1.4 The balance of payments account that records transactions related
to exports and imports of goods and services is known as the …
Account.CorrectIncorrect -
Question 5 of 8
5. Question
1.1.5 A trade protocol that is meant to improve trade relationships
between the United States of America and Africa is called the …CorrectIncorrect -
Question 6 of 8
6. Question
1.1.6 A redress measure that aims to compensate citizens who lost their
land due to discriminatory laws of the past is known as …CorrectIncorrect -
Question 7 of 8
7. Question
1.1.7 The Platinum Spatial Development Initiative (SDI) focuses on …
CorrectIncorrect -
Question 8 of 8
8. Question
1.1.8 An indicator that measures the number of children who die before
the age of one year is called …CorrectIncorrect
