Economics 9708/23 Oct Nov 2021 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Changes in aggregate demand components contributing to China's real output growth from 2010–2017.
2. Analysis of the relationship between real output growth and new car sales in China.
3. Effects of protectionist measures by the US in a trade war with China on consumers and producers.
4. Discussion on whether cuts in direct taxes increase demand for all types of consumer goods in China.
5. Evaluation of increasing domestic consumption as a strategy for maintaining China's real output growth.
6. Comparison of addressing the fundamental economic problem in planned versus market economies.
7. Role of government in providing public and merit goods within a mixed economy.
8. Relevance of cross elasticity versus income elasticity in pricing decisions for firms.
9. Effectiveness of raising interest rates as a measure to control inflation.