Exam (elaborations)
A-Level Economics A 2019 Paper 2 Edexcel Question Paper
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A-Level Economics A 2019 Paper 2 Edexcel Question Paper
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Please check the examination details below before entering your candidate informationCandidate surname Other names
Centre Number Candidate Number
Pearson Edexcel
Level 3 GCE
Thursday 23 May 2019
Morning (Time: 2 hours) Paper Reference 9EC0/02
Economics A
Advanced
Paper 2: The National and Global Economy
You do not need any other materials. Total Marks
Instructions
• Use black ink or ball-point pen.
• centrethe
Fill in boxes at the top of this page with your name,
number and candidate number.
• from
There are three sections in this question paper. Answer all questions
Section A and Section B. Answer one question from Section C.
• – there may
Answer the questions in the spaces provided
be more space than you need.
Information
• The total mark for this paper is 100.
• –Theusemarks for each question are shown in brackets
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.
• Check your answers if you have time at the end.
Turn over
*P57193A0136*
P57193A
©2019 Pearson Education Ltd.
1/1/1/1/1/1/1
, 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 30 minutes on this section.
Use the data to support your answers where relevant.
You may annotate and include diagrams in your answers.
1 Monthly additions to UK credit card lending, £ billions, 2015 – 2017
16 000
15 500
15 000
14 500
£ billions 14 000
13 500
13 000
12 500
12 000
0
Sep 2015
Nov 2015
Jan 2016
Mar 2016
May 2016
Jul 2016
Sep 2016
Nov 2016
Jan 2017
Mar 2017
May 2017
Jul 2017
Sep 2017
(Source: https://www.ukfinance.org.uk/statistics/cards/)
(a) Which one of the following would be most likely to cause an increase in credit
card lending?
(1)
A A fall in interest rates
B A fall in investment
C An increase in the deficit on the current account of the balance
of payments
D An increase in savings
2
, (b) Using the chart, calculate an index number for additions to credit card lending
in March 2017, using January 2016 as the base. You are advised to show your
working.
(2)
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(c) Explain one possible link between an increase in credit card lending and the rate
of inflation.
(2)
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(Total for Question 1 = 5 marks)
3
, 2 The International Monetary Fund has called on the G20 group of large industrialised
countries to boost government spending on infrastructure.
(Source: https://www.theguardian.com/business/2016/jul/23/
imf-calls-for-more-government-spending-as-rate-cuts-lose-their-impact)
(a) Draw an aggregate demand and aggregate supply diagram to show the likely
impact of an increase in government spending on infrastructure on a country’s
price level and real output.
(4)
4
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