ACTUAL 2025 AQA AS ECONOMICS Paper 2
The National Economy in a Global Context
Question Paper & Mark Scheme (Merged) Monday 19 May 2025 [VERIFIED]
, 2
Do not write
outside the
Section A box
Answer all questions in this section.
Only one answer per question is allowed.
For each question completely fill in the circle alongside the appropriate answer.
CORRECT WRONG METHODS
METHOD
If you want to change your answer you must cross out your original answer as shown.
If you wish to return to an answer previously crossed out, ring the answer you now wish to select
as shown.
0 1 Which one of the following is most likely to be an objective of government macroeconomic
policy?
[1 mark]
A Achieving deflation in the average price level
B Creating a budget surplus during a recession
C Generating stable and sustained economic growth
D Improving productivity in an electronics firm
0 2 In an economy, the number of people in work is unchanged but the rate of growth of
labour productivity slows from 2.3% to 0.4%.
It can be concluded that there will be an increase in
[1 mark]
A cyclical unemployment.
B national income.
C raw material prices.
D the negative output gap.
IB/M/Jun25/7135/2
, 3
Do not write
outside the
0 3 In a particular year, the rate of inflation in an economy was 2% and real national income box
rose by 6%. What was the approximate increase in the economy’s nominal national
income in that year?
[1 mark]
A 2%
B 4%
C 6%
D 8%
0 4 Figure 1 shows the aggregate demand (AD) and long-run aggregate supply (LRAS) curves
for an economy.
Figure 1
All other things being equal, which one of the following is most likely to cause aggregate
demand to shift from AD1 to AD2 and long-run aggregate supply to shift from LRAS1 to
LRAS2?
[1 mark]
A A fall in spending on imports and a rise in productivity
B A reduction in exports and an increase in imports of capital goods
C An increase in Bank Rate and a reduction in firms’ costs of production
D An increase in saving and a rise in government spending on infrastructure
IB/M/Jun25/7135/2
, 4
Do not write
outside the
box
Turn over ►
IB/M/Jun25/7135/2
The National Economy in a Global Context
Question Paper & Mark Scheme (Merged) Monday 19 May 2025 [VERIFIED]
, 2
Do not write
outside the
Section A box
Answer all questions in this section.
Only one answer per question is allowed.
For each question completely fill in the circle alongside the appropriate answer.
CORRECT WRONG METHODS
METHOD
If you want to change your answer you must cross out your original answer as shown.
If you wish to return to an answer previously crossed out, ring the answer you now wish to select
as shown.
0 1 Which one of the following is most likely to be an objective of government macroeconomic
policy?
[1 mark]
A Achieving deflation in the average price level
B Creating a budget surplus during a recession
C Generating stable and sustained economic growth
D Improving productivity in an electronics firm
0 2 In an economy, the number of people in work is unchanged but the rate of growth of
labour productivity slows from 2.3% to 0.4%.
It can be concluded that there will be an increase in
[1 mark]
A cyclical unemployment.
B national income.
C raw material prices.
D the negative output gap.
IB/M/Jun25/7135/2
, 3
Do not write
outside the
0 3 In a particular year, the rate of inflation in an economy was 2% and real national income box
rose by 6%. What was the approximate increase in the economy’s nominal national
income in that year?
[1 mark]
A 2%
B 4%
C 6%
D 8%
0 4 Figure 1 shows the aggregate demand (AD) and long-run aggregate supply (LRAS) curves
for an economy.
Figure 1
All other things being equal, which one of the following is most likely to cause aggregate
demand to shift from AD1 to AD2 and long-run aggregate supply to shift from LRAS1 to
LRAS2?
[1 mark]
A A fall in spending on imports and a rise in productivity
B A reduction in exports and an increase in imports of capital goods
C An increase in Bank Rate and a reduction in firms’ costs of production
D An increase in saving and a rise in government spending on infrastructure
IB/M/Jun25/7135/2
, 4
Do not write
outside the
box
Turn over ►
IB/M/Jun25/7135/2
