100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Pearson Edexcel International A Level In Economics Paper 2 Mark Scheme 2024 (WEC12 Unit 2: Macroeconomic performance and policy) $17.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. Pearson Edexcel International A Level In Economics
  4.  
  5. Pearson Edexcel International A Level In Economics

Exam (elaborations)

Pearson Edexcel International A Level In Economics Paper 2 Mark Scheme 2024 (WEC12 Unit 2: Macroeconomic performance and policy)
 27 views  0 purchase
  • Course
  • Pearson Edexcel International A Level In Economics
  • Institution
  • Pearson Edexcel International A Level In Economics

Pearson Edexcel International A Level In Economics Paper 2 Mark Scheme 2024 (WEC12 Unit 2: Macroeconomic performance and policy)

Preview 3 out of 20  pages

Document information

  • May 28, 2024
  • 20
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • a level in economics
  • wec12
  • economics
  • pearson edexcel a level in economics
  • economics paper 2 mark scheme 2024
  • unit 2 macroeconomic performance and policy
  • international a level in economics 2

Written for

  • Pearson Edexcel International A Level In Economics
  • Pearson Edexcel International A Level In Economics

Seller

avatar-seller
GeniusHub444

Content preview

Mark scheme (Results ) January 2024 International A Level In Economics (WEC12) Unit 2: Macroeconomic performance and policy Edexcel and BTEC Qualifications Edexcel and BTEC qualifications are awarded by Pearson, the UK’s largest awarding body. We provide a wide range of qualifications including academic, vocational, occupational and specific programmes for employers. For further information visit our qualifications websites at www.edexcel.com or www.btec.co.uk. Alternatively, you can get in touch with us using the details on our contact us page at www.edexcel.com/contactus . Pearson: helping people progress, everywhere Pearson aspires to be the world’s leading learning company. Our aim is to help everyone progress in their lives through education. We believe in every kind of learning, for all kinds of people, wherever they are in the world. We’ve been involved in education for over 150 years, and by working across 70 countries, in 100 languages, we have built an international reputation for our commitment to high standards and raising achievement through innovation in education. Find out more about how we can help you and your students at: www.pearson.com/uk January 2024
Question Paper Log Number P75594A
Publications Code WEC12_01_MS_2401
All the material in this publication is copyright
© Pearson Education Ltd 2024 Section A Question Quantitative skills assessed Answer Mark 1 QS9: Interpret, apply and analyse information in written, graphical, tabular and numerical forms The only correct answer is A B is not correct as this is a withdrawal C is not correct as this is a withdrawal D is not correct as this is neither an injection nor a withdrawal (1) 2 QS9: Interpret, apply and analyse information in written, graphical, tabular and numerical forms The only correct answer is C A is not correct as it is most likely that there will be an increase in profits for firms B is not correct as it is most likely that there will be an increase in the rate of inflation D is not correct as it is most likely that there will be an increase in government tax revenues (1) 3 QS2: Calculate, use and understand percentages, percentage changes and percentage point changes QS9: Interpret, apply and analyse information in written, graphical, tabular and numerical forms The only correct answer is B A is not correct as this is the difference in expenditure between 2021 and 2022 C is not correct as this uses the incorrect formula [(new -old/new)x100] to calculate the percentage change D is not correct as this uses the incorrect formula [(new/old)x100] to calculate the percentage change (1) 4 QS9: Interpret, apply and analyse information in written, graphical, tabular and numerical forms The only correct answer is D A is not correct because this is most likely to lead to a reduction in Brazil’s balance of trade surplus B is not correct because this is most likely to lead to a reduction in Brazil’s balance of trade surplus C is not correct because this is most likely to lead to a reduc tion in Brazil’s balance of trade surplus (1) 5 QS9: Interpret, apply and analyse information in written, graphical, tabular and numerical forms The only correct answer is B A is not correct because this is a monetary policy instrument C is not correct because this is a monetary policy instrument D is not correct because this is a monetary policy instrument (1)

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller GeniusHub444. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.99
  • (0)
  Add to cart