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Title: Edexcel a level economics a question paper 2 june 2024 + mark scheme
Description: Mark Scheme (Results) Summer 2024 Pearson Edexcel GCE A Level In Economics A (9EC0) Paper 02 The National and Global Economy
Description: Mark Scheme (Results) Summer 2024 Pearson Edexcel GCE A Level In Economics A (9EC0) Paper 02 The National and Global Economy
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Edexcel a level
economics a question
paper 2 june 2024 +
mark scheme
Please check the examination details below before entering your candidate information
Candidate surname
Centre Number
Other names
Candidate Number
Pearson Edexcel Level 3 GCE
Monday 20 May 2024
Afternoon (Time: 2 hours)
Paper
reference
Economics A
9EC0/02
Advanced
PAPER 2: The National and Global Economy
You do not need any other materials
...
•
in the boxes at the top of this page with your name,
• Fill
centre number and candidate number
...
Answer all questions
• There
from Section A and Section B
...
the questions in the spaces provided
• Answer
– there may be more space than you need
...
•
marks for each question are shown in brackets
• The
– use this as a guide as to how much time to spend on each question
...
Advice
Read each question carefully before you start to answer it
...
Turn over
P74000A
©2024 Pearson Education Ltd
...
If you change your mind about an
answer, put a line through the box and then mark your new answer with a cross
...
Use the data to support your answers where relevant
...
1 UK household savings as a percentage of household disposable income,
quarter 1 (Q1) 2015 to quarter 3 (Q3) 2021
25
%
20
15
10
5
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2015
2016
2017
2018
2019
2020
2021
(Source: https://www
...
gov
...
Write your answers in the spaces provided
...
Calculate the total amount of money saved by the average household in Q4
of 2015
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2
24
23
...
5
23
...
2
22
...
7
22
...
5
21
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8
21
20
0
January April
2019 2019
July October January April
2019 2019
2020 2020
July October January April
2020 2020
2021 2021
July October
2021 2021
(Source: adapted from https://www
...
com/en/indicator/
european-union/investment--nominal-gdp)
(a) Which one of the following is the percentage point fall in investment between
April 2020 and July 2020?
(1)
A
0
...
6
C 2
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9
4
*P74000A0436*
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25
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2 Investment in the European Union, percentage of GDP, January 2019 to October 2021
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(b) With reference to the data, explain one likely effect of the fall in investment
in 2020
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6
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(Source: adapted from https://www
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com/content/73163fa077c5-11e9-bbad-7c18c0ea0201)
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3 A group of banks, including Barclays and JP Morgan, have been fined more than
€1 billion by the EU’s competition authorities for rigging the foreign exchange market
after the Global Financial Crisis of 2008
...
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(b) Which one of the following is a role of financial markets?
To:
(1)
A
discourage saving
B
promote moral hazard
C
provide forward markets
D
restrict free trade
(Total for Question 3 = 5 marks)
*P74000A0736*
7
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4
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Trend GDP growth
C
Actual GDP growth
D
A
B
Time
(a) Which one point on the trade cycle diagram above illustrates a boom?
(1)
A
B
C
D
8
*P74000A0836*
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25
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(e) Discuss supply-side policies the UK government could introduce to stimulate
economic growth
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SECTION C
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Title: Edexcel a level economics a question paper 2 june 2024 + mark scheme
Description: Mark Scheme (Results) Summer 2024 Pearson Edexcel GCE A Level In Economics A (9EC0) Paper 02 The National and Global Economy
Description: Mark Scheme (Results) Summer 2024 Pearson Edexcel GCE A Level In Economics A (9EC0) Paper 02 The National and Global Economy