Please check the examination details below before entering your candidate
information
Candidate surname Other names
Centre Candidate
Number Number
Pearson Edexcel Level 3
GCE
Monday 22 May 2023
Morning (Time: 1 hour 30
minutes)
referenc
e
8EC0/02
Economics A
Advanced Subsidiary
PAPER 2: The UK Economy – Performance and
Policies
You do not need any other Total
materials. Marks
Instructions
•• Use black ink or ball-point
Fill in the boxes at the top of this page with your name, centre number
and candidate
• pen.
number.
There are two sections in this question paper.
• Answer all questions in Section
•• Answer theB,questions
In Section answer all of questions 6(a) to 6(e) and one question from 6(f) or 6(g).
in the spaces
A.
– there may be more space than you need.
provided
Information
•• The total mark for this paper is 80.
The marks for each question are shown in
– use this as a guide as to how much time to spend on each
• question.
brackets
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
, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
AREA
DO NOT WRITE IN THIS
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 25 minutes on this
section. Use the data to support your answers
where relevant.
You may annotate and include diagrams in your answers.
1 Between 2019 and 2020 the UK Government increased its expenditure on
healthcare from £175.1 billion to £219.9 billion.
(a) Explain one likely impact of this interventionist supply-side policy on
aggregate supply in the UK.
(3)
, (b) Which one of the following is also an example of an
interventionist supply-side policy?
(1)
DO NOT WRITE IN THIS
A A decrease in the level of unemployment benefits
B A decrease in the regulation of product markets
C An increase in the provision of training programmes
D An increase in the rate of corporation tax
(Total for Question 1 = 4 marks)
AREA
DO NOT WRITE IN THIS
AREA
DO NOT WRITE IN THIS
AREA
3
Turn
over
, 2 The table below shows the UK’s real GDP per capita, in US dollars,
measured at Purchasing Power Parities, 2018 to 2020.
AREA
DO NOT WRITE IN THIS
Year GDP per capita,
US$
(b) Which one of the following is the most likely effect of the change in real
GDP per capita between 2019 and 2020?
(1)
A Decrease in living standards
B Decrease in unemployment
C Higher consumer confidence
D Higher price level
AREA
DO NOT WRITE IN THIS
4
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