Kramizo
Log inSign up free
HomeCXC CAPE EconomicsThe economic problem and methodology
CXC CAPE · · Economics

The economic problem and methodology
Practice Questions

6 CXC CAPE Economics questions on The economic problem and methodology, each with instant feedback and a full examiner-style mark scheme.

⚡ Start Quiz on The economic problem and methodologyTry one question

Try 2 sample questions on The economic problem and methodology

Question 1 · 1 mark · Difficulty 2/3

The basic economic problem arises from unlimited wants and ____ resources.

  1. scarce
  2. abundant
  3. free
  4. unlimited
Show answer & explanation
✓ Answer: Ascarce
Scarcity relative to unlimited wants is the core problem.
Question 2 · 1 mark · Difficulty 2/3

The three fundamental questions of economics are what, how, and ____ to produce.

  1. when
  2. why
  3. where
  4. for whom
Show answer & explanation
✓ Answer: Dfor whom
What, how, and for whom to produce.
⚡ Start a Quiz on The economic problem and methodology
20 questions · 25 min · free

CXC CAPE Economics: The economic problem and methodology FAQ

How many CXC CAPE Economics questions on The economic problem and methodology are there on Kramizo?
Kramizo currently has 6 exam-board-aligned practice questions on The economic problem and methodology for CXC CAPE Economics, with new questions added every week. Each question gives you instant feedback and a full examiner-style mark scheme that tells you exactly what would earn marks on a real CXC CAPE paper. The questions span the full difficulty range — from straightforward recall (level 1) right up to multi-step reasoning and evaluation (level 3) — so the bank works for first-pass revision and final exam-week stress testing alike.
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 The economic problem and methodology 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 The economic problem and methodology 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 The economic problem and methodology typically tested on CXC CAPE Economics papers?
The economic problem and methodology 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.

Lock in The economic problem and methodology before exam day.

Start practising in 30 seconds — no card required.

⚡ Start Quiz Free →