International A Level Unit 2, Oct 2024

Q1 Identify what must be deducted from total capital spending to arrive at net investment (tax / depreciation / inflation / money supply).

Q2 Name the type of joblessness in Chad, where farm work dries up over winter (Frictional / Real wage / Seasonal / Structural).

Q3 Work out the ratio between Qatar's 2020 and 2022 gross national income, given $141.37bn and $229.01bn.

Q4 Pick the change that pushes short-run aggregate supply to the left, among lending, indirect tax, gas prices and health spending.

Q5 Choose what usually accompanies a negative output gap, as in the Czech Republic's 2022 manufacturing slump.

Q6 Deduce what rising Mexican consumer confidence from 2021 to 2023 does to the price level and real output.

Q10 Explain what underemployment means, using US graduates in low-skilled work and part-timers wanting longer hours.

Q11 Explain one reason Colombia ran a shortfall on trade in goods and services, using its 2010-2022 chart.

Q7 Explain one macroeconomic effect on people who already own homes of Canadian house prices falling 8.5% over a year.

Q8 Sketch an AD/AS diagram showing the positive output gap Croatia had in 2022.

Q9 Work out household spending in 2023 from an economy's aggregate demand, investment, state spending and trade figures.

Q12(a) Define living standards, in the context of Brazil's economy.

Q12(b) Explain how a slowing rise in prices differs from rising prices, using Brazil's 2021-2023 CPI figure.

Q12(c) Examine two routes by which Brazil's rate rise from 2% to 13.25% might bring inflation down.

Q12(d) Examine what tighter tax-and-spend plans do to the circular flow of income in Brazil.

Q12(e) Discuss how President Lula's proposed R$371bn supply-side programme might affect Brazilian living standards.

Q13 Evaluate what more joblessness does to workers and the state budget, as India's rate went from 7.1% to 8.5% in 2023.

Q14 Evaluate the consequences of a downturn, given Germany's negative growth in both quarters of early 2023.