UNIT ASSESSMENT
Edexcel A Level
Economics (A)
Unit Assessment
2.5 Economic Growth
(Edition 1)
Time: 70 minutes
Maximum marks: 55
Name
Centre Name
, Edexcel A Level Economics (A)
Unit Assessment – 2.5 Economic Growth
Total marks: 55 Time Allowed: 70 minutes
Section A
ANSWER ALL THE QUESTIONS
1a Explain the difference between a ‘negative output gap’ and a ‘positive output gap'.
(3 marks)
1b Which of the following is most likely to occur when an economy experiences a negative output gap?
A Rising inflationary pressure o
B Rising house prices o
C Increased business investment o
D Rising unemployment rate o
(1 mark)
1c Define the term ‘GDP’.
(1 mark)
Page 2 Edexcel A Level Economics (A) Unit Assessment www.tutor2u.net/economics
Edexcel A Level
Economics (A)
Unit Assessment
2.5 Economic Growth
(Edition 1)
Time: 70 minutes
Maximum marks: 55
Name
Centre Name
, Edexcel A Level Economics (A)
Unit Assessment – 2.5 Economic Growth
Total marks: 55 Time Allowed: 70 minutes
Section A
ANSWER ALL THE QUESTIONS
1a Explain the difference between a ‘negative output gap’ and a ‘positive output gap'.
(3 marks)
1b Which of the following is most likely to occur when an economy experiences a negative output gap?
A Rising inflationary pressure o
B Rising house prices o
C Increased business investment o
D Rising unemployment rate o
(1 mark)
1c Define the term ‘GDP’.
(1 mark)
Page 2 Edexcel A Level Economics (A) Unit Assessment www.tutor2u.net/economics
