3 marks
Give the meaning of a currency losing value against other currencies.
AQA · 7136 / 7135
All 32 questions from the AQA AS Level Paper 2, Nov 2020 Economics paper (7136 / 7135), worth 120 marks in total. The main topics tested are Consumption and retail spending (3), Exports and trade (3), Current account balance (3), Production possibility curves (2).
Each question is summarised in our own words with its mark tariff, command word and specification point, and links through to the official paper.
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Give the meaning of a currency losing value against other currencies.
Work out online shopping per pound spent across shops in the month stated.
State two notable contrasts between shop and online sales growth across the years shown.
Sketch a PPC for capital and consumer goods illustrating more unused productive capacity.
Explain two influences that might reduce household spending within an economy.
Assess whether shifts in shopping and town centres will lastingly harm Britain's economy.
Give the meaning of a widening gap where state spending exceeds revenue.
Work out British cars built for overseas buyers per vehicle sold domestically.
State two notable contrasts between overseas and domestic vehicle output across the years shown.
Sketch a PPC for capital and consumer goods illustrating growth in the short run.
Explain two influences that could reduce the quantity of British goods sold abroad.
Assess whether faster expansion must always bring rising prices with it.
Most likely outcome for prices and growth after a favourable supply shock.
Likely reason for a sharp yearly jump in food purchased from abroad.
Which change would move the whole demand curve to a new position.
Which claim about the household price index is accurate.
Most effective policy for lifting long-term growth once the gap has closed.
Working out the multiplier from an initial injection and the eventual income rise.
Conditions helping hold prices steady while demand-led expansion cuts joblessness.
Which pair of events would move both curves in the directions drawn.
Policy combination best suited to shrinking an external surplus.
Circumstance making demand-deficient joblessness most probable.
Projecting the debt total after spending falls and revenue climbs from last year.
Single change generating both demand and cost pressures that raise prices.
Which statement correctly describes how an external shortfall responds to change.
Feature distinguishing progressive levies as earnings decline.
Conclusion about performance as the plotted path moves between two marked points.
Why the central bank might curb lending to families at full capacity.
Deflating export values with a price index to obtain constant-price figures.
Which measure could push both demand and productive capacity outwards together.
What must hold true when the external account records a surplus.
Most probable explanation for a drop in the jobless total.
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