Economics Multiple Choice Question – 1 June 2020

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

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Which one of the following is used to measure the standard of living?

Select ONE answer:

  1. Economies of scale.
  2. Exchange rate.
  3. Gross domestic product.
  4. Market share.

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 or KS5 classes.

The answer is 3

 

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