Economics 9708/02 May June 2008 | Cambridge AS Level Past Papers With Mark Scheme

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1. Explain how economic growth is related to happiness, as per the article, and how improved wages contribute to well-being.

2. Use a diagram to show the effect of increased indirect tax rates on consumer utility, focusing on how this impacts purchasing decisions.

3. Evaluate whether increasing taxes on the wealthy is a good approach to reducing income inequality, considering the potential pros and cons.

4. Discuss whether economic growth always results in improved consumer welfare, considering inflation, inequality, and environmental costs.

5. Explain how government investment can help address supply-side constraints in an economy, boosting productivity and infrastructure.

6. Analyze how various economic factors—such as exchange rates, income levels, and tourism trends—can influence visitor arrivals to Fiji.