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Cambridge IGCSE

Cambridge IGCSE ECONOMICS 0455/01 Paper 1 Multiple Choice For examination from 2020 SPECIMEN PAPER 45 minutesYou must answer on the multiple choice answer will need: Multiple choice answer sheet Soft clean eraser Soft pencil (type B or HB is recommended)INSTRUCTIONS There are thirty questions on this paper. Answer all questions. For each question there are four possible answers A, B, C and D. Choose the one you consider correct and record your choice in soft pencil on the multiple choice answer sheet. Follow the instructions on the multiple choice answer sheet. Write in soft pencil. Write your name, centre number and candidate number on the multiple choice answer sheet in the spaces provided unless this has been done for you.

4 C 2017 04550120 7 Governments sometimes intervene in the economy when the market fails. What is the most likely reason why government intervention may make the situation worse? AGovernment decisions can take a long time to have an effect. BGovernments consider the views of both consumers and producers. CGovernments have more resources to calculate costs and …

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