Economics 9708/42 March 2016 | Cambridge AS Level Past Papers With Mark Scheme

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1. Evidence of youth unemployment being disproportionately impacted, with rates three times higher than adult unemployment globally and high NEET percentages in European crisis economies.

2. Analysis of insufficient global job creation, attributed to companies prioritizing dividends over investment and slower economic growth in advanced and emerging markets.

3. Importance of addressing long-term youth unemployment, emphasizing risks to sustainable growth, increased inequality, and potential social unrest.

4. Evaluation of weak and uneven global economic recovery, considering variations across advanced and emerging economies, and their implications for unemployment and market stability.

5. Debate on increasing economic welfare by encouraging competition, assessing benefits like efficiency and consumer choice against market failures and power concentration.

6. Relationships between economic growth, population increases, and labor supply, alongside policy measures for improving living standards and their reliance on reliable indicators.