Economics 9708/41 May June 2024 | Cambridge AS Level Past Papers With Mark Scheme

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1. Understanding the Gini coefficient and its range of values to measure income inequality.
2. Differentiation between absolute and relative poverty in economic contexts.
3. Analyzing data to determine the relationship between income inequality, literacy ratios, and poverty levels using Table 1.1.
4. Evaluation of fiscal and supply-side policies to improve income equality and economic growth.
5. Exploration of efficient resource allocation in perfect competition and barriers to achieving efficiency.
6. Assessment of national income statistics as measures for comparing the standard of living between low-income and high-income countries.