Economics 9708/42 Oct Nov 2009 | Cambridge AS Level Past Papers With Mark Scheme

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1. Exploring the impact of lower tax rates on economic growth, labor supply, and government revenue, with a focus on supply-side policies.

2. Analyzing the economic performance of Brazil and Mexico between 2003 and 2013, examining factors like currency depreciation, trade deficits, and structural reforms.

3. Discussing the effects of tax rate reductions on labor supply, government revenue, and the overall economy, considering elasticity and marginal tax rate changes.

4. Evaluating the justification for price discrimination using examples such as Cunard's pricing strategy and its effects on consumer surplus and marketing costs.

5. Comparing the efficiency of monopolistic competition versus perfect competition, focusing on product differentiation, pricing, and consumer welfare.

6. Analyzing fiscal policies and their role in economic stability, including discussions on income inequality, tax rates, and government intervention in economic crises.