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Economics Grade 9 Unit 2: The Basic Economic Problems and Economic Systems
national exam questions have come from this unit. It runs 16 pages; one careful study pass takes about 1.1 hours, and its difficulty is easier among Economics units. Each section below lists the questions set from it, with the year, and opens the page that teaches it.
2.1 The Basic Economic Problems: Scarcity, Choice, and Opportunity Cost · read p. 14
- 2012 E.C., Q27 – The opportunity cost of any economic action is
- 2012 E.C., Q28 – Shortage of economic resources mainly implies that people must
- 2011 E.C., Q20 – Which of the following best describes opportunity cost of producing a commodity?
- 2011 E.C., Q23 – If an economic system is experiencing economic growth, which one of the following best expresses the situation?
2.2 Central Problems of Economies · read p. 19
Not asked in a national paper yet.
2.3 Economic Systems · read p. 21
- 2011 E.C., Q4 – Which one of the following conditions characterizes the capitalist economics system?