Economics 9708/42 Oct Nov 2023 | Cambridge AS Level Past Papers With Mark Scheme

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1. Explain equity and analyze how the ban on motorcycle taxis and tricycles in Lagos impacts commuters’ equity.

2. Use a diagram to explain negative externalities and identify two examples from traffic congestion in Lagos.

3. Evaluate the effectiveness of the Singapore quota system versus the ERP in reducing traffic congestion.

4. Assess whether government involvement in transportation is justified by its classification as a public good.

5. Evaluate indifference curve analysis in deriving demand curves for normal and inferior goods, using diagrams.

6. Compare the merits of GNI and MPI as measures of the standard of living, highlighting their relevance in low-income contexts.