Economics 9708/22 March 2019 | Cambridge AS Level Past Papers With Mark Scheme

You can download the full PDF file for reference. Key questions extracted:

1. Identification of trends in Poland’s current account balance and its components, including primary and secondary income.
2. Analysis of supply-side policies implemented in Poland, such as investment in education and infrastructure.
3. Examination of how indirect taxes, such as general sales taxes, affect investment decisions and aggregate demand.
4. Discussion on the potential impacts of increasing Poland’s budget deficit on economic growth and stability.
5. Use of the production possibility curve to explain concepts like scarcity, choice, and opportunity cost.
6. Evaluation of the effectiveness of maximum prices and expenditure-reducing policies in resource allocation and trade balance adjustments.