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Pearson Edexcel ACTUAL 2024 9EC0/02 GCE A Level In Economics A (9EC0) Paper 02 The National and Global Economy Question Paper & Mark Scheme
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Pearson Edexcel ACTUAL 2024 9EC0/02 GCE A Level In Economics A (9EC0) Paper 02 The National and Global Economy Question Paper & Mark Scheme

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Pearson Edexcel
ACTUAL 2024
9EC0/02
GCE A Level
In Economics A (9EC0)
Paper 02 The National and Global Economy

Question Paper & Mark
Scheme




Ace your Mocks!!!

, Please check the examination details below before entering your candidate information
Candidate surname Other names


Centre Number Candidate Number




Pearson Edexcel Level 3 GCE
Monday 20 May 2024
Afternoon (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.
Fill in the boxes at the top of this page with your name,

• There
centre number and candidate number.
are three sections in this question paper. Answer all questions

• Answer
from Section A and Section B. Answer one question from Section C.
the questions in the spaces provided
– there may be more space than you need.

Information

•• The total mark for this paper is 100.
The marks for each question are shown in brackets

• Calculators may be used.
– use this as a guide as to how much time to spend on each question.


Advice

•• Read each question carefully before you start to answer it.
Check your answers if you have time at the end.




Turn over


P74000A
©2024 Pearson Education Ltd.
F:1/1/1/1/1/1/1/1

, SECTION A

Answer ALL questions. Write your answers in the spaces provided.




DO NOT WRITE IN THIS AREA
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 UK household savings as a percentage of household disposable income,
quarter 1 (Q1) 2015 to quarter 3 (Q3) 2021

25
%
20


15




DO NOT WRITE IN THIS AREA
10


5


0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2015 2016 2017 2018 2019 2020 2021

(Source: https://www.ons.gov.uk/economy/grossdomesticproductgdp/timeseries/dgd8/ukea)

(a) With reference to the chart above, which one of the following is correct?
(1)

UK household savings as a percentage of household disposable income:
DO NOT WRITE IN THIS AREA



A fell in 2015

B fell throughout the time period shown

C were the highest in Q1 2017

D were the highest in Q2 2020




2
🞍🞍🞍🞍

, (b) In Q4 of 2015 average household disposable income was £26 300.

Calculate the total amount of money saved by the average household in Q4
DO NOT WRITE IN THIS AREA




of 2015.
(2)

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DO NOT WRITE IN THIS AREA




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(c) Explain one likely reason for the change in total household savings from Q1 2020
to Q2 2020.
(2)

.. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . .. . .. . .. .. . .. . .. . .. .



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DO NOT WRITE IN THIS AREA




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(Total for Question 1 = 5 marks)


3
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