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1. Quantitative Easing and Inflation – Analyzing the impact of the Bank of England′s monetary policy, including base interest rate cuts, on inflation levels.

2. Gross Domestic Product and Economic Growth – Calculating nominal GDP per capita for the UK and explaining the significance of GDP as an economic measure.

3. Exchange Rate Depreciation Effects – Evaluating the impact of a weaker pound on trade balance, inflation, and competitiveness.

4. Consumer Prices Index (CPI) and Inflation Measurement – Identifying the limitations of CPI in accurately representing inflation trends.

5. Investment and Productivity in the UK Economy – Assessing the relationship between business investment levels and labor productivity growth.

6. Recession Risks and Fiscal Policies – Discussing government fiscal strategies to mitigate the effects of economic downturns and boost aggregate demand.

Edexcel AS Level Economics A (8EC0) Jul 2022

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Classification: Edexcel Paper 2

Page count: 32

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Last update: 3 months ago

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Economics (A) 8EC0/02 May June 2022 | Edexcel AS Level Past Papers With Mark Scheme

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