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CXC CAPE · · Economics

Aggregate demand and supply
Practice Questions

40 CXC CAPE Economics questions on Aggregate demand and supply, each with instant feedback and a full examiner-style mark scheme.

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✨ Revision guide includes key terms, worked examples and exam technique for Aggregate demand and supply.

Try 2 sample questions on Aggregate demand and supply

Question 1 · 1 mark · Difficulty 1/3

What is aggregate demand?

  1. The demand for a single good at each price
  2. Total planned spending on domestic output at each price level
  3. The total money supply in the economy
  4. Total planned output at each price level
Show answer & explanation
✓ Answer: B — Total planned spending on domestic output at each price level
Award 1 mark. Its components are the same as those of the expenditure measure of GDP.
Question 2 · 1 mark · Difficulty 1/3

Which is NOT one of the reasons aggregate demand slopes downward?

  1. The wealth effect on the real value of money held
  2. The interest rate effect on investment
  3. The international trade effect on net exports
  4. The substitution effect towards cheaper alternative goods
Show answer & explanation
✓ Answer: D — The substitution effect towards cheaper alternative goods
Award 1 mark. There are no alternative goods to switch to when all output is being considered at once, which is why the micro explanation cannot be recycled here.
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20 questions · 25 min · free

CXC CAPE Economics: Aggregate demand and supply FAQ

Is Kramizo free for CXC CAPE students preparing for Economics?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Aggregate demand and supply practice with other Economics topics or even switch to a totally different CXC CAPE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Aggregate demand and supply questions aligned to the official CXC CAPE Economics syllabus?
Every question is written against the published CXC CAPE Economics specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CXC CAPE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CXC CAPE.
How is Aggregate demand and supply typically tested on CXC CAPE Economics papers?
Aggregate demand and supply appears across multiple question types on real CXC CAPE Economics papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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