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Exam (elaborations) Pearson Edexcel Level 3 GCE

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Exam of 38 pages for the course Pearson Edexcel Level 3 GCE at Pearson Edexcel Level 3 GCE

Institution
Course

Content preview

Level 3 economics

Please check the examination details below before entering your
candidate information
Candidate surnameOther names

Centre Number Candidate Number




Pearson Edexcel Level
3 GCE
Monday 19 May
Morning (Time: 1 hour 30 minutes)
2025 referen 8EC0/
ce
Economics A Paper 02
🟐 🟐


Advanced Subsidiary
PAPER 2: The UK Economy – Performance and
Policies

You must have: Total Marks
Source Booklet (enclosed)



Instructions

• Use black ink or ball-point pen.
• Fill in the boxes at the top of this page with your
centre number and candidate number.
• There are two sections in this question paper.
name,
• Answer all questions in
• In Section B, answer all of questions 6(a) to 6(e) and one question from
• Answer
Section
6(f) the
A. questions
or 6(g). in the
– there may be spaces
more space than you need.

Information
provided

• The total mark for this paper is 80.
• The marks for each question are shown in
– use this as a guide as to how much time to spend on each question.
• Calculators may be used.
brackets
Advice

• Read each question carefully before you start to answer it.
• Check your answers if you have time at
the end.
Turn over


P72115A
©2025 Pearson
Education Ltd. Y:1/1/1/




Level 3 economics

,DO NOT WRITE IN THIS DO NOT WRITE IN THIS DO NOT WRITE IN THIS
AREA AREA AREA




■■■

QUESTION 1 BEGINS ON THE NEXT PAGE
BLANK PAGE




2

, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
Some questions must be answered with a cross in a box . If you
DO NOT WRITE IN THIS




change your mind about an answer, put a line through the box and
then mark your new answer with a cross .
You are advised to spend 25 minutes on this section.
Use the data to support your answers where
relevant. You may annotate and include diagrams
in your answers.
AREA




1 Between January 2020 and December 2020, the rate of
unemployment in the UK increased from 3.9% to 5.2%. This was as a
result of the UK economy experiencing a recession.
(a) Which one of the following best describes this cause of unemployment?
(1)
A Cyclical
B Frictional
C Seasonal
D Structural
DO NOT WRITE IN THIS




(b) With reference to the information above, explain one possible effect
of the increase in the rate of unemployment on the UK
government budget. (3)

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AREA




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(Total for Question 1 = 4 marks)
AREA




3
■■■ Turn
■ over

, 2 The table shows average UK house prices between January 2023 and
March 2023.




AREA
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Month and Average house price
year (£)
January 2023 286 321

February 2023 284 152

March 2023 281 555

(Source: adapted from
https://landregistry.data.gov.uk/)
(1)
(a) Which one of the following can be deduced from the table?

A Between January 2023 and February 2023, average UK house
prices fell by £2 597
B The average UK house price in March 2023 is 16.65%




AREA
DO NOT WRITE IN THIS
higher than in January 2023
C The index number of average UK house prices for March
2023 is 100
D The ratio of the average UK house price in February 2023
to the average UK house price in March 2023 is 1 :
0.99




AREA
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4

■■■

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