surname names
Number Number
Morning (Time: 1 hour 30 minutes) Paper
A � �
Advanced Subsidiary
PAPER 2: The UK Economy – Performance and Policies
Instructions
• Use black ink or ball-point pen.
centre number and candidate number.
There are two sections in this question paper.
• In Section B, answer all of questions 6(a) to 6(e) and one question from 6(f) or 6(g).
– there may be more space than you need.
Information
• The total mark for this paper is 80.
– use this as a guide as to how much time to spend on each question.
Calculators may be used.
Advice
• Read each question carefully before you start to answer it.
Turn over
, BLANK PAGE
QUESTION 1 BEGINS ON THE NEXT PAGE
, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
Some questions must be answered with a cross in a box . If you change your mind about an
answer, put a line through the box and then mark your new answer with a cross .
You are advised to spend 25 minutes on this section.
Use the data to support your answers where relevant.
You may annotate and include diagrams in your answers.
1 Between January 2020 and December 2020, the rate of unemployment in the UK
increased from 3.9% to 5.2%. This was as a result of the UK economy experiencing
a recession.
(a) Which one of the following best describes this cause of unemployment?
(1)
A Cyclical
B Frictional
C Seasonal
D Structural
(b) With reference to the information above, explain one possible effect of the
increase in the rate of unemployment on the UK government budget.
(3)
. . . . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . .. . . . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . .. . . . . . .. . . . .. . . . .. . . . .. . . . . ....... .... ... ... .... .
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(Total for Question 1 = 4 marks)
, 2 The table shows average UK house prices between January 2023 and March 2023.
Month and year Average house price (£)
January 2023 286 321
February 2023 284 152
March 2023 281 555
(Source: adapted from https://landregistry.data.gov.uk/)
(a) Which one of the following can be deduced from the table?
(1)
A Between January 2023 and February 2023, average UK house prices fell
by £2 597
B The average UK house price in March 2023 is 16.65% higher than in
January 2023
C The index number of average UK house prices for March 2023 is 100
D The ratio of the average UK house price in February 2023 to the
average UK house price in March 2023 is 1 : 0.99
Number Number
Morning (Time: 1 hour 30 minutes) Paper
A � �
Advanced Subsidiary
PAPER 2: The UK Economy – Performance and Policies
Instructions
• Use black ink or ball-point pen.
centre number and candidate number.
There are two sections in this question paper.
• In Section B, answer all of questions 6(a) to 6(e) and one question from 6(f) or 6(g).
– there may be more space than you need.
Information
• The total mark for this paper is 80.
– use this as a guide as to how much time to spend on each question.
Calculators may be used.
Advice
• Read each question carefully before you start to answer it.
Turn over
, BLANK PAGE
QUESTION 1 BEGINS ON THE NEXT PAGE
, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
Some questions must be answered with a cross in a box . If you change your mind about an
answer, put a line through the box and then mark your new answer with a cross .
You are advised to spend 25 minutes on this section.
Use the data to support your answers where relevant.
You may annotate and include diagrams in your answers.
1 Between January 2020 and December 2020, the rate of unemployment in the UK
increased from 3.9% to 5.2%. This was as a result of the UK economy experiencing
a recession.
(a) Which one of the following best describes this cause of unemployment?
(1)
A Cyclical
B Frictional
C Seasonal
D Structural
(b) With reference to the information above, explain one possible effect of the
increase in the rate of unemployment on the UK government budget.
(3)
. . . . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . .. . . . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . . .. . . .. . . . . . .. . . . .. . . . .. . . . .. . . . . ....... .... ... ... .... .
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(Total for Question 1 = 4 marks)
, 2 The table shows average UK house prices between January 2023 and March 2023.
Month and year Average house price (£)
January 2023 286 321
February 2023 284 152
March 2023 281 555
(Source: adapted from https://landregistry.data.gov.uk/)
(a) Which one of the following can be deduced from the table?
(1)
A Between January 2023 and February 2023, average UK house prices fell
by £2 597
B The average UK house price in March 2023 is 16.65% higher than in
January 2023
C The index number of average UK house prices for March 2023 is 100
D The ratio of the average UK house price in February 2023 to the
average UK house price in March 2023 is 1 : 0.99
