Economics 7136/2 June 2020

AQA A Level Economics (7136) Jun 2020

معلم موافق رایگان بودن است.

The paper addresses macroeconomic themes at the national and international levels. Section A focuses on unemployment, labor market flexibility, and trade wars, highlighting issues like underemployment, real wage stagnation, supply-side reforms, tariffs, and the effects of protectionism on economic growth. Discussions emphasize productivity, economic development, and the trade-offs between regulation and free markets. Section B explores fiscal and trade deficits, economic shocks, currency appreciation, and the implications of joining a currency union. Key topics include fiscal sustainability, macroeconomic policy conflicts, exchange rate impacts, and global economic integration. Analytical reasoning and policy evaluation underpin the questions.