Economics 9708/22 Oct Nov 2010 | Cambridge AS Level Past Papers With Mark Scheme

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1. Explain the impact of price discrimination in markets like rail tickets and hotel rooms, using examples from the article.

2. Discuss how the reduction of fuel subsidies would affect the price of fuel and the consumer's total utility, using a diagram.

3. Evaluate the effect of increased taxes on the wealthy in relation to income inequality, considering the potential benefits and drawbacks.

4. Analyze whether economic growth always leads to increased consumer welfare, considering factors like inflation, income distribution, and environmental costs.

5. Discuss how increased investment can address supply-side constraints in an economy, using the context of Indonesia’s economic challenges.

6. Evaluate how changes in government policies, such as raising interest rates or reducing subsidies, affect aggregate demand and aggregate supply.