2025 OCR GCSE (9–1) Economics J205/02 National and International Economics
Combined Question Paper & Final Marking Scheme
Oxford Cambridge and RSA
Thursday 22 May 2025 – Afternoon
GCSE (9–1) Economics
J205/02 National and International Economics
Time allowed: 1 hour 30 minutes
*1859511602*
You can use:
• a scientific or graphical calculator
• an HB pencil
* J 2 0 5 0 2 *
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.
INFORMATION
• The total mark for this paper is 80.
• 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 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025 [603/0143/0] OCR is an exempt Charity
DC (DE/CT) 345085/2 Turn over
, 2
Section A
Write your answer to each question in the box provided.
1 A government increases its budget deficit.
What is the most likely cost of this decision?
An increase in:
A debt interest
B exports
C government spending
D unemployment
Your answer [1]
2 The claimant count:
A cannot be used to measure the rate of unemployment
B includes people receiving jobseeker’s allowance
C measures the different causes of unemployment
D uses the CPI to measure the level of unemployment
Your answer [1]
3 What is the most likely cause of structural unemployment?
A Different jobs are available in the summer
B High levels of occupational immobility
C Increased migration into the country
D The closure of some discount food stores
Your answer [1]
© OCR 2025
, 3
4 How might an increase in interest rates affect the economy?
A Decrease unemployment
B Improve price stability
C Increase economic growth
D Increase inflation
Your answer [1]
5 A consumer is planning a holiday.
They found a villa that cost €3480 when the exchange rate was £1 = €1.20.
By the time they booked the villa the exchange rate had changed to £1 = €1.16.
What happened to the Sterling price of the villa for the consumer?
A Decreased by £400
B Decreased by £139.20
C Increased by £100
D Remained unchanged
Your answer [1]
6 What is the most likely cost of globalisation for consumers in developed countries?
A Dominant global brands
B Higher prices
C Increased immigration
D Lower prices
Your answer [1]
© OCR 2025 Turn over
, 4
7 The UK government sets an inflation target.
What might happen if inflation is above this target?
Interest rates will:
A decrease to discourage saving
B decrease to encourage more investment
C increase to discourage consumer spending
D increase to encourage more borrowing
Your answer [1]
8 What is not a purpose of government spending?
A To ensure everyone has access to health services
B To increase the welfare of the population
C To maintain a balanced current account
D To reduce inequality in the distribution of income
Your answer [1]
9 An individual’s only source of income has risen in nominal value but fallen in real value.
As a result, the individual will
A be unable to buy all the same products
B decide to save more of their income
C have less money to spend
D not have to pay as much direct tax
Your answer [1]
© OCR 2025
Combined Question Paper & Final Marking Scheme
Oxford Cambridge and RSA
Thursday 22 May 2025 – Afternoon
GCSE (9–1) Economics
J205/02 National and International Economics
Time allowed: 1 hour 30 minutes
*1859511602*
You can use:
• a scientific or graphical calculator
• an HB pencil
* J 2 0 5 0 2 *
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.
INFORMATION
• The total mark for this paper is 80.
• 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 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025 [603/0143/0] OCR is an exempt Charity
DC (DE/CT) 345085/2 Turn over
, 2
Section A
Write your answer to each question in the box provided.
1 A government increases its budget deficit.
What is the most likely cost of this decision?
An increase in:
A debt interest
B exports
C government spending
D unemployment
Your answer [1]
2 The claimant count:
A cannot be used to measure the rate of unemployment
B includes people receiving jobseeker’s allowance
C measures the different causes of unemployment
D uses the CPI to measure the level of unemployment
Your answer [1]
3 What is the most likely cause of structural unemployment?
A Different jobs are available in the summer
B High levels of occupational immobility
C Increased migration into the country
D The closure of some discount food stores
Your answer [1]
© OCR 2025
, 3
4 How might an increase in interest rates affect the economy?
A Decrease unemployment
B Improve price stability
C Increase economic growth
D Increase inflation
Your answer [1]
5 A consumer is planning a holiday.
They found a villa that cost €3480 when the exchange rate was £1 = €1.20.
By the time they booked the villa the exchange rate had changed to £1 = €1.16.
What happened to the Sterling price of the villa for the consumer?
A Decreased by £400
B Decreased by £139.20
C Increased by £100
D Remained unchanged
Your answer [1]
6 What is the most likely cost of globalisation for consumers in developed countries?
A Dominant global brands
B Higher prices
C Increased immigration
D Lower prices
Your answer [1]
© OCR 2025 Turn over
, 4
7 The UK government sets an inflation target.
What might happen if inflation is above this target?
Interest rates will:
A decrease to discourage saving
B decrease to encourage more investment
C increase to discourage consumer spending
D increase to encourage more borrowing
Your answer [1]
8 What is not a purpose of government spending?
A To ensure everyone has access to health services
B To increase the welfare of the population
C To maintain a balanced current account
D To reduce inequality in the distribution of income
Your answer [1]
9 An individual’s only source of income has risen in nominal value but fallen in real value.
As a result, the individual will
A be unable to buy all the same products
B decide to save more of their income
C have less money to spend
D not have to pay as much direct tax
Your answer [1]
© OCR 2025
