Economics 9708/02 May June 2004 | Cambridge AS Level Past Papers With Mark Scheme

You can download the full PDF file for reference. Key questions extracted:

1. Analysis of differences in Consumer Price Index weights between Jamaica and the UK, focusing on product groups like food and transport.
2. Examination of how changes in housing prices influence inflation trends in Jamaica.
3. Comparison of inflation patterns in Jamaica and the UK between 1989 and 2000 using historical data.
4. Discussion of whether inflation is always caused by government policies or other contributing factors.
5. Evaluation of the impact of resource exhaustion and technological improvements on a production possibility curve.
6. Assessment of policies like exchange rate reductions and quotas in addressing trade deficits effectively.