1 mark
Why degree holders typically out-earn those without one over a career.
AQA · 7136 / 7135
All 33 questions from the AQA A Level Paper 3, Nov 2021 Economics paper (7136 / 7135), worth 80 marks in total. The main topics tested are AD/AS analysis (2), Economic cycle and output gaps (2), Demand for labour and MRP (1), Supply-side policies (1).
Each question is summarised in our own words with its mark tariff, command word and specification point, and links through to the official paper.
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Why degree holders typically out-earn those without one over a career.
Identify the accurate claim about what these measures can affect.
Read a cost and benefit diagram to classify the spillovers present on each side.
Which pairing of outcomes shows objectives pulling against one another in the short term.
Compare income per head against a wider development measure for four countries.
Identify what is given up when more machinery is made, using a frontier diagram.
Deduce the type of institution from a simplified statement of what it owns and owes.
Which category of good suffers from non-payers benefiting, requiring state provision.
Identify the gain to buyers when a fare is cut to zero, using a diagram.
How a state could fund its spending plans while shrinking accumulated borrowing.
Predict a buyer's response when the seller knows more about a second-hand vehicle.
Choose the cause of a move between equilibria involving spending and productive capacity.
Name the nudge shown by staying in an automatic workplace savings arrangement.
Likely consequence of raising the central bank's policy interest rate.
When a pay floor best narrows income gaps, given labour demand responsiveness.
Effect on a small egg producer of a higher going price, using cost curves.
Calculate the jobless rate from labour force and population figures.
Match the percentage price rise and receipts raised after a levy shifts supply.
What slower income growth does to capital spending under the acceleration principle.
How a firm facing unit-elastic demand throughout could raise its profit.
Infer from revenue and cost curves what the firm is achieving at its chosen output.
Which combined shocks would push spending above the economy's capacity.
Most likely effect on an industry when producers adopt better production methods.
Explain a new equilibrium in one market after shifts linked to a rival drink.
Compute the size and sign of the gap when growth falls short of trend.
Which description correctly defines where short-dated borrowing is arranged.
Explain an inward shift in the number of qualified workers willing to work.
Convert an output index back into a money figure for a later year.
Identify a measure that redirects spending away from foreign goods to cut a current deficit.
Choose the causes of a move between equilibria involving spending and short-term supply.
Should transport emissions be the government's main focus in reaching its 2050 net-zero goal?
Why would a free market devote insufficient resources to tackling climate change?
Which measures should Britain adopt to hit its 2050 zero-emissions goal? Justify your choice.
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