Economics 9708/12 May June 2010 | Cambridge AS Level Past Papers With Mark Scheme

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1. Explain how economic growth is linked to happiness, according to the article, and how higher incomes contribute to well-being.

2. Use a diagram to show how an increase in indirect tax rates might affect a consumer’s total utility, considering price changes.

3. Discuss whether increasing taxes on the wealthy is a good idea for reducing income inequality, considering the article’s points.

4. Evaluate whether economic growth always leads to an increase in consumer welfare, considering externalities and inequality.

5. Discuss how government investment can address supply-side capacity constraints in the economy, improving productivity.

6. Consider the factors that influence changes in visitor arrivals to Fiji, including economic, social, and external influences like tourism trends and exchange rates.