Aqa
OCR
Oxford Cambridge and RSA
Monday 22 May 2023 – Morning
AS Level Economics
H060/02 Macroeconomics
Time allowed: 1 hour 30 minutes
You can use:
a scientific or graphical calculator
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
Last name
INSTRUCTIONS
• Use black ink. You can use an HB pencil, but only for graphs and diagrams.
• Write your answer to each question in the space provided. If you need extra
space use the lined pages at the end of this booklet. The question numbers
must be clearly shown.
• Answer all the questions in Sections A and B and one question in Section C.
INFORMATION
• The total mark for this paper is 60.
• The marks for each question are shown in brackets [ ].
• Quality of extended response will be assessed in questions marked with an
asterisk (*).
• This document has 20 pages.
ADVICE
• Read each question carefully before you start your answer.
,© OCR 2023
OCR is an exempt
[601/4801/9] DC
Charity Turn over
(ST/SG) 300491/6
, SECTION A
Write your answer to each question in the box provided.
1 Which of these is a tool of monetary policy?
A Income tax
B Interest rates
C Subsidies to firms
D Welfare payments
Your answer [1]
2 Frictional unemployment occurs when:
A cheap steel from abroad reduces demand for UK steelworkers
B farm workers do not have a job during the winter months
C the economy is in a period of recession
D workers are transferring between jobs
Your answer [1]
3 Which economic activity is found in the secondary sector?
A Banking
B Growing corn
C Producing cars
D Providing insurance
Your answer [1]
4 Competition policy is an example of:
A exchange rate policy
B fiscal policy
C monetary policy
D supply side policy
Your answer [1]
OCR
Oxford Cambridge and RSA
Monday 22 May 2023 – Morning
AS Level Economics
H060/02 Macroeconomics
Time allowed: 1 hour 30 minutes
You can use:
a scientific or graphical calculator
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
Last name
INSTRUCTIONS
• Use black ink. You can use an HB pencil, but only for graphs and diagrams.
• Write your answer to each question in the space provided. If you need extra
space use the lined pages at the end of this booklet. The question numbers
must be clearly shown.
• Answer all the questions in Sections A and B and one question in Section C.
INFORMATION
• The total mark for this paper is 60.
• The marks for each question are shown in brackets [ ].
• Quality of extended response will be assessed in questions marked with an
asterisk (*).
• This document has 20 pages.
ADVICE
• Read each question carefully before you start your answer.
,© OCR 2023
OCR is an exempt
[601/4801/9] DC
Charity Turn over
(ST/SG) 300491/6
, SECTION A
Write your answer to each question in the box provided.
1 Which of these is a tool of monetary policy?
A Income tax
B Interest rates
C Subsidies to firms
D Welfare payments
Your answer [1]
2 Frictional unemployment occurs when:
A cheap steel from abroad reduces demand for UK steelworkers
B farm workers do not have a job during the winter months
C the economy is in a period of recession
D workers are transferring between jobs
Your answer [1]
3 Which economic activity is found in the secondary sector?
A Banking
B Growing corn
C Producing cars
D Providing insurance
Your answer [1]
4 Competition policy is an example of:
A exchange rate policy
B fiscal policy
C monetary policy
D supply side policy
Your answer [1]
