gcse economics - the big picture: past exam questions
FOUNDATION LEVEL
• Name 2 policies which a government might use to control inflation
and explain how each works (6)
•
What happens to the rate of inflation during a recession? (3)
•
Explain why this link happens. (4)
• List 3 economic statistics that could indicate a successful economy
(2)
•
Do you think that a growing economy is of benefit to its citizens? Explain
your answer. (9)
•
List 3 ways in which a government could attempt to reduce unemployment. (3)
• What are the benefits of falling unemployment to each of the following.
a) an unemployed person (3)
b) the government (3)
c) the economy (3)
•
Do you think there might be problems for the economy from falling unemployment?
Explain your answer. (7)
• Give 3 causes of unemployment (3)
•
What are the costs of unemployment to
a) an unemployed person
b) the government
c) the economy? (9)
•
Explain 1 way in which a government might try to reduce unemployment (3)
HIGHER TIER
• Using one theory, explain how inflation might be caused. (5)
•
Explain 2 causes of unemployment (6)
•
Is a high rate of unemployment bad for an economy? Explain your answer. (8)
• Is a high rate of inflation always bad for an economy? Explain your answer. (12)
• The level of national income in an economy can be increased through
Economic Growth. Explain how a country can achieve economic growth. (8)
•
In your opinion, is economic growth desirable? Explain your answer. (10)
These GCSE Economics revision notes have been kindly provided by Peter Davies of Mill Hill School, Ripley Keep Up-todate with your GCSE Economics - Subscribe Free to Economics in the News by Email
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