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1. Gross Domestic Product and Economic Performance – Defining GDP and calculating GDP per capita to assess economic growth trends.

2. Trade Cycle and Economic Stability – Identifying recession characteristics and explaining how negative output gaps affect GDP growth.

3. Monetary Policy and Interest Rates – Analyzing factors that influence the Bank of England’s decision to adjust base interest rates.

4. Inflation and Quantitative Easing – Evaluating the impact of the Bank of England’s asset purchase programs on inflation and economic growth.

5. Government Spending and Fiscal Policy – Assessing changes in UK government spending on key sectors and their macroeconomic implications.

6. Housing Market and Economic Impact – Explaining how rising house prices influence aggregate demand, savings rates, and wealth distribution.

Edexcel AS Level Economics A (8EC0) Jun 2018

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Classification: Edexcel Paper 2

Page count: 32

Viewed: 54

Last update: 2 months ago

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Economics (A) 8EC0/02 May June 2018 | Edexcel AS Level Past Papers With Mark Scheme

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