Economics (A) 8EC0/02 May June 2019 | Edexcel AS Level Past Papers With Mark Scheme

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1. Multiplier Effect and GDP Growth – Calculating the multiplier value from investment and GDP data related to the expansion of Gatwick Airport.

2. Unemployment Trends and Economic Impact – Analyzing the economic effects of the declining UK unemployment rate between 2012 and 2018.

3. Inflation and Exchange Rate Depreciation – Explaining how the fall in the pound’s exchange rate has contributed to rising UK inflation.

4. Consumer Price Index (CPI) and Basket Updates – Justifying the need to regularly update the CPI basket to reflect changing consumer habits and product availability.

5. Export Growth and Economic Expansion – Assessing the impact of increased UK exports since 2016 on aggregate demand and overall economic growth.

6. GDP Limitations in Measuring Living Standards – Discussing the shortcomings of GDP as a measure of economic well-being, particularly when comparing the UK to developing economies.

Edexcel AS Level Economics A (8EC0) Jun 2019

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Classification: Edexcel Paper 2

Page count: 32

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Last update: 2 months ago

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Economics (A) 8EC0/02 May June 2019 | Edexcel AS Level Past Papers With Mark Scheme

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