A Level Paper 3, Nov 2021

Q1(a) Drawing on the material given, explain which market structure best fits the UK hand car wash industry.

Q1(b) Examine two explanations for hand car wash demand rising while pay growth lags behind inflation, as described in Extract A.

Q1(c) Using a labour market diagram, discuss how shifts in migration play out for UK businesses like hand car washes.

Q1(d) Evaluate the micro and macro influences on how many firms operate within an industry, using hand car washes or any sector you pick.

Q1(e) Evaluate what follows, at micro and macro level, when government steps further into an industry such as hand car washes or one of your choosing.

Q2(a) Give one reason a country like Germany would resist letting national debt climb as a share of GDP (Figure 2).

Q2(b) Examine two ways German firms could be affected by the projected 2019–2020 move in unemployment, referring to Figure 4.

Q2(c) With a cost and revenue diagram, discuss what spending on new technology does to the profits of German firms (Extract C).

Q2(d) Evaluate the micro and macro determinants of how fast Germany grows compared with other developed economies.

Q2(e) Evaluate, at both micro and macro level, what a far looser fiscal stance (Extract C) would mean for Germany's economy.