Exam (elaborations)
2023 MS * AQA AS ECONOMICS 7135/2 Paper 2
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- AQA AS ECONOMICS
2023 MS * AQA AS ECONOMICS 7135/2 Paper 2
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AQA AS ECONOMICS 7135/2 Paper 2 MS 2023 V: 1.0 FinalAS
ECONOMICS
7135/2
Paper 2 The National Economy in a Global Context
Mark scheme
June 2023
Version: 1.0 Final
*236A7135/2/MS*
, MARK SCHEME – AS ECONOMICS – 7135/2 – JUNE 2023
Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant
questions, by a panel of subject teachers. This mark scheme includes any amendments made at the
standardisation events which all associates participate in and is the scheme which was used by them in
this examination. The standardisation process ensures that the mark scheme covers the students’
responses to questions and that every associate understands and applies it in the same correct way.
As preparation for standardisation each associate analyses a number of students’ scripts. Alternative
answers not already covered by the mark scheme are discussed and legislated for. If, after the
standardisation process, associates encounter unusual answers which have not been raised they are
required to refer these to the Lead Examiner.
It must be stressed that a mark scheme is a working document, in many cases further developed and
expanded on the basis of students’ reactions to a particular paper. Assumptions about future mark
schemes on the basis of one year’s document should be avoided; whilst the guiding principles of
assessment remain constant, details will change, depending on the content of a particular examination
paper.
Further copies of this mark scheme are available from aqa.org.uk
Copyright information
AQA retains the copyright on all its publications. However, registered schools/colleges for AQA are permitted to copy material from this booklet for their own
internal use, with the following important exception: AQA cannot give permission to schools/colleges to photocopy any material that is acknowledged to a third
party even for internal use within the centre.
Copyright © 2023 AQA and its licensors. All rights reserved.
2
, MARK SCHEME – AS ECONOMICS – 7135/2 – JUNE 2023
SECTION A
The following list indicates the correct answers used
in marking the students’ responses.
KEY LIST
B A
1 (Exports) 11 (cut government borrowing.)
B
C
(Real national income
2 (Resources are fully employed) 12
increased)
D
C
(The value of money rose between
3 13 (government.)
2008 and 2011.)
C
B
4 14 ( Government grants for firms
with growth potential)
A C
5 (Corporation tax) 15 (Rising, Absent, Increasing)
C A
6 (£42bn.) 16 (A decrease in employment)
A D
7 (Firms’ capacity utilisation) 17 (positive supply-side shock.)
C
D (An increase in the budget
(Increased expenditure on training surplus and a switch from
8 18
and an investment subsidy) spending on pensions to
spending on new airports)
C C
(the pattern of economic activity (Productivity rising faster than
9 19
has changed.) money wages)
A A
10 (W) 20 (inflation in other countries.)
Totals
A 6
B 3
C 8
D 3
3
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