Economics 2281/23 Oct Nov 2024 | Cambridge O-Level Past Papers With Mark Scheme

1. Mixed Economy & Inflation in Belarus | Role of state-owned firms, public sector employment, cost-push inflation from energy price increases.

2. Production Possibility Curve (PPC) & Economic Growth | Effects of declining labor force, reduced university enrollment, and investment on PPC shifts.

3. Life Expectancy & Human Development Index (HDI) | Correlation between health indicators and economic development across countries.

4. Subsidies & Market Equilibrium | Demand and supply effects of milk production subsidies, price reductions, and quantity changes.

5. Electric Vehicle Charging Stations & Economic Impact | Environmental benefits, infrastructure development, and challenges in adoption.

6. Unemployment Fines & Labor Market Policies | Effects on frictional, structural, and cyclical unemployment, social implications.

7. Government Intervention in Market Economies | Addressing market failures, monopolies, and economic inequalities.

8. Sports Equipment Taxation & Demand Elasticity | Impact on affordability, participation rates, and government revenue.

9. Commercial Banks & Interest Rate Policies | Customer attraction strategies, foreign exchange rate fluctuations, and inflation control.

10. Migrant Labor & Economic Benefits | Seasonal workforce, cost advantages, productivity gains, and social impacts.