Economics > EXAM REVIEW > A-Level Economics Question Bank 2020 Edition - Edexcel A - Theme 1 _ Markets and Market Failures (All)

A-Level Economics Question Bank 2020 Edition - Edexcel A - Theme 1 _ Markets and Market Failures

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A-Level Economics Question Bank 2020 Edition - Edexcel A - Theme 1 _ Markets and Market Failures This question bank includes questions from past exam papers. It covers Theme 1, Markets and Market ... Failure, and is arranged according to topic and in order of appearance in the specification. Questions marked with an asterisk (*) are examined regularly and have appear in exams each year. • Questions marked with two asterisks (**) indicate questions tested rigourously, sometimes multple times within the same paper. Positive and Normative Statements 5 1. (2018 - Paper 1 AS-Level - Q1) • Statement 1: Cuba has a healthcare system with a patient to doctor ratio of 155:1. • Statement 2: Other countries ought to adopt a similar healthcare system to that which exists in Cuba. (a) Which one of the following best describes the two statements above? (1 mark) Statement 1 Statement 2 A Normative Normative B Normative Positive C Positive Normative D Positive Positive (b) Cuba’s population is estimated to be 11 million. With reference to Statement 1 above, calculate the estimated number of doctors in Cuba. You are advised to show your working. (2 marks) (c) Define the term ‘command economy’. [Show More]

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