AQA GCSE ECONOMICS 8136/2 PAPER 2 HOW THE ECONOMY WORKS EXAM QUESTION PAPER

AQA GCSE ECONOMICS 8136/2 PAPER 2 HOW THE ECONOMY WORK
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S EXAM QUESTION PAPER
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(AUTHENTIC MARKING SCHEME ATTACHED)
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GCSE
ECONOMICS
Paper 2 How the Economy Works
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A


Time allowed: 1 hour 45 minutes
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Materials
FornExaminer’snUse
Younwillnneednnonothernmaterials.n
Younmaynusenancalculator. Section Mark
A
Instructions
 Usenblackninknornblacknball-pointnpen. B
 Fillninnthenboxesnatnthentopnofnthisnpage. TOTAL
 Answernallnquestions.
 Younmustnanswernthenquestionsninnthenspacesnprovided.nDonnotnwritenonnb
lanknpages.
 Ifnyounneednextranspacenfornyournanswer(s),nusenthenlinednpagesnatnthenendnofnthisnbook.nWritenthenq
uestionnnumbernagainstnyournanswer(s).
 Donallnroughnworkninnthisnbook.n Crossnthroughnanynworknyoundonnotnwantntonbenmarked.

Information
 Thenmarksnfornquestionsnarenshownninnbrackets.
 Thenmaximumnmarknfornthisnpapernisn80.
 Questionsnshouldnbenansweredninncontinuousnprose.n Younwillnbenassessednonnyournabilitynto:
– usengoodnEnglish
– organiseninformationnclearly
– usenspecialistnvocabularynwherenappropriate.




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Donnotnwrit
enoutsidenth
SectionnA e box


Answernallnquestionsninnthenspacesnprovided.




Fornquestionsnwithnfournresponses,nonlynonenanswernpernquestionnisnallowed.

Forneachnquestion,ncompletelynfillninnthencirclenalongsidenthenappropriatenanswer.

CORRECTnMETHOD WRONGnMETHODS


Ifnyounwantntonchangenyournanswernyounmustncrossnoutnyournoriginalnanswernasnshown.

Ifnyounwishntonreturnntonannanswernpreviouslyncrossednout,nringnthenanswernyounnownwishntonselectn
asnshown.




0 1 Fiscalnpolicynwouldninvolvenchangesninnwhichnofnthenfollowing?
[1nmark]

A Exchangenrate

B Interestnrate

C Moneynsupply

D Taxnrevenue




0 2 Whichnofnthenfollowingnisnannindirectntax?
[1nmark]

A Corporationntax

B Incomentax

C Nationalninsurancencontributions

D Valuenaddedntax




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Donnotnwrit
enoutsidenth
0 3 e box
Anbalancenofntradendeficitnisnbestndescribednasnwhichnofnthenfollowing?
[1nmark]

A Valuenofnexportsnisnhighernthannthenvaluenofnimports

Valuenofngovernmentnspendingnisnhighernthannthenvaluenofnrevenuenfromnt
B
axation

C Valuenofnimportsnisnhighernthannthenvaluenofnexports

Valuenofnrevenuenfromntaxationnisnhighernthannthenvaluenofngovernmentn
D
spending



0 4 Whichnofnthenfollowingnbestndescribesnthentypenofnunemploymentncausednbyninterestnratesnand
ntaxnratesnremainingnhighnfornanlongnperiodnof ntime?

[1nmark]

A Cyclical

B Frictional

C Seasonal

D Structural




Turnnovernfornthennextnquestion




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, 4
Turnnovern► Donnotnwrit
enoutsidenth
e




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