2023 AQA GCSE ECONOMICS 8136/2 Paper 2 How the Economy Works Question Paper & Mark scheme (Merged) June 2023 [VERIFIED]

2023 AQA GCSE ECONOMICS 8136/2 Paper 2 How the Economy Works Question Paper & Mark scheme (Merged) June 2023 [VERIFIED] GCSE ECONOMICS Paper 2 How the Economy Works Friday 26 May 2023 Morning Time allowed: 1 hour 45 minutes Materials You will need no other materials. For Examiner’s Use You may use a calculator. Section Mark Instructions A • Use black ink or black ball-point pen. B • Fill in the boxes at the top of this page. TOTAL • Answer all questions. • You must answer the questions in the spaces provided. Do not write on blank pages. • If you need extra space for your answer(s), use the lined pages at the end of this book. Write the question number against your answer(s). • Do all rough work in this book. Cross through any work you do not want to be marked. Information • The marks for questions are shown in brackets. • The maximum mark for this paper is 80. • Questions should be answered in continuous prose. You will be assessed on your ability to: – use good English – organise information clearly – use specialist vocabulary where appropriate. *JUN* IB/H/Jun23/E8 8136/2 2 Section A Answer all questions in the spaces provided. For questions with four responses, only one answer per question is allowed. For each question, completely fill in the circle alongside the appropriate answer. CORRECT METHOD WRONG METHODS 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 A budget surplus is best described as which of the following? [1 mark] A Where government expenditure is greater than government revenue B Where government revenue is greater than government expenditure C Where the value of exports is greater than the value of imports D Where the value of imports is greater than the value of exports 0 2 Which of the following is not a supply-side policy? [1 mark] A Decreasing taxes on business profits B Decreasing the power of trade unions C Increasing interest rates D Increasing investment in education Do not write outside the box *02* IB/H/Jun23/8136/2 3 0 3 Table 1 shows economic growth between 2018 and 2022 for an economy. Table 1 Year Economic growth (% change in GDP) 2018 3.2 2019 0.5 2020 –1.4 2021 1.2 2022