Please check the examination details below before entering your candidate information
Candidate surnameOther names
Centre Number Candidate Number
Pearson Edexcel Level 3 GCE
Monday 19 May 2025
Afternoon (Time: 2 hours) Paper
reference 9EB0/02
Economics B 🟐 🟐
Advanced
PAPER 2: Competing in the global economy
You must have: Total Marks
Source Booklet (enclosed)
Instructions
• Use black ink or ball-point pen.
• Fill in the boxes at the top of this page with
centre number and candidate number.
• provided – there may be more space
• Answer
your all
name,
Answer the questions in the spaces
questions.
than you need.
Information
• The total mark for this paper is 100.
• The marks for each question are shown in
– use this as a guide as to how much time to spend on each
• question. Calculators may be used.
brackets
Advice
• Read each question carefully before you start to answer it.
• Try to answer every
• Check your answers if you have time at the end.
question.
Turn over
P84931A
©2025 Pearson Education Ltd.
Y:1/1/1/1/
, Answer ALL questions.
SECTION A
AREA
DO NOT WRITE IN THIS
Read Extracts A–D in the Source Booklet before answering Question 1.
Write your answers in the spaces provided.
1 It is estimated that the income elasticity of demand (YED) for frozen food is -2.37.
(a) Using this data and data in Extract D, calculate to 2 decimal
places, the likely change in demand for frozen food in December
2022. You are advised to show your working.
(4)
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, (b) With reference to Extract B, explain the impact of labour
shortages on aggregate supply.
(4)
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AREA
3
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, (c) With reference to Extract C, explain one reason why high food
price inflation might affect the living standards of low or fixed-
income groups.
(4)
AREA
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Candidate surnameOther names
Centre Number Candidate Number
Pearson Edexcel Level 3 GCE
Monday 19 May 2025
Afternoon (Time: 2 hours) Paper
reference 9EB0/02
Economics B 🟐 🟐
Advanced
PAPER 2: Competing in the global economy
You must have: Total Marks
Source Booklet (enclosed)
Instructions
• Use black ink or ball-point pen.
• Fill in the boxes at the top of this page with
centre number and candidate number.
• provided – there may be more space
• Answer
your all
name,
Answer the questions in the spaces
questions.
than you need.
Information
• The total mark for this paper is 100.
• The marks for each question are shown in
– use this as a guide as to how much time to spend on each
• question. Calculators may be used.
brackets
Advice
• Read each question carefully before you start to answer it.
• Try to answer every
• Check your answers if you have time at the end.
question.
Turn over
P84931A
©2025 Pearson Education Ltd.
Y:1/1/1/1/
, Answer ALL questions.
SECTION A
AREA
DO NOT WRITE IN THIS
Read Extracts A–D in the Source Booklet before answering Question 1.
Write your answers in the spaces provided.
1 It is estimated that the income elasticity of demand (YED) for frozen food is -2.37.
(a) Using this data and data in Extract D, calculate to 2 decimal
places, the likely change in demand for frozen food in December
2022. You are advised to show your working.
(4)
............................................................................................................................... ............................................................................................................................... ......................
............................................................................................................................... ............................................................................................................................... ......................
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AREA
DO NOT WRITE IN THIS
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AREA
DO NOT WRITE IN THIS
2
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, (b) With reference to Extract B, explain the impact of labour
shortages on aggregate supply.
(4)
DO NOT WRITE IN THIS
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AREA
DO NOT WRITE IN THIS
AREA
3
■■■ Turn
■ over
, (c) With reference to Extract C, explain one reason why high food
price inflation might affect the living standards of low or fixed-
income groups.
(4)
AREA
DO NOT WRITE IN THIS
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