Economics 9708/11 May June 2014 | Cambridge AS Level Past Papers With Mark Scheme
Download the attached file to view the complete content. Key questions extracted:
1. Long-term effects of unemployment on an economy’s production possibility curve.
2. Impacts of transitioning from central planning to a market-based economy in the short run.
3. Analysis of externalities, including take-away food consumption and policy measures.
4. Interpretation of elasticity in market dynamics and cost-benefit analysis examples.
5. Relationship between inflation rates, exchange rates, and purchasing power parity theory.
6. Categorization and evaluation of policies to address balance of payments deficits.
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