IGCSE Economics - Semester 1 Exam

ig eco

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Y A R K M E J A W L F D J E N F S C L M K
P J V I Q Q N N C W K X L A S M X O W T R
D R E T K B R B R R S P Q U G C O M R U E
Q I X N H W O G F X V Y R N W K J R J S L
H K F U R W Q A W E A P I G A S M G P C O
P U J T S D J D W Q L W J T D R A H F V P
G E J R E L U Q G U O X P N U H B V C P T
D E X Y H E H D S R Y R O R D R Y T U E M
U Q L H O I Q R R R I B E I A Q A O G P X
M N B G H Y N O Y V T I S C V J J I E G C
C H C X G E B C A N E S C G A G N H F W B
C M T G E N B T E G A E Q B F C D I X Y P
E M A Q E O E M V V P G F R M I J T W A W
I R G H C C N F I T T T X J P L X H B B M
F A W T O R D N A A S T X A E P M E F D S
E O G S E E G B W H A T E G Y K X R J Y L
G V T V S P L O L P M T V T H Q V I G S C
K S O F C E B D E C R E A S E S J C I U C
P G M X F P R F H D B U L L I S H H D N V
K N Q A Q F A W L J M Q I H Y P E T Q X L
K G U X T V Y X A Y N M K B O P F M S T F

Clues

  • By placing a minimum wage, the Government creates a ______ of Labour (7)
  • Given that Disposable Income = Consumption + Saving, if Cosumption > Disposeable income, what must be occuring? (9)
  • If a lot of shares are bought in trading, the market can be described as what? (7)
  • If I owned a share, which equation would I use to determine whether or not I should sell it? (5)
  • In which case would a bank's interest rate be likely to be higher? (4, 9)
  • Influences on spending is determined by level of disposable income, wealth, confidence, distribution of income, advances in technology and interest rates. If interest rates increase, how will spending be affected? (9)
  • Shares and _____ are sold on stock exchanges? (10, 5)
  • The characteristics of money are abbreviated by the acronym SHARPDD. What does the A stand for? (10)
  • What is NOT a reason why a private firm may do a better job than a firm hired by the government/done by the government (4, 2, 7, 5)
  • Who will spend more ($)? (3, 4)

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