Example of a AQA unit 4 question from June 2007. AQA paper available here Note: Some of the data can’t be published online. This is just a short guide to answer the question. I think it lacks – more use of data and more evaluation. Explain why Free Trade is important to EU member countries …
Readers Question – what on earth is the black market and how does the immigrant have an impact on that? The black market is a colloquial term that refers to economic activity that is not regulated by the government. It involves economic activity where people don’t declare tax returns or pay VAT e.t.c. It is …
Readers Question “Evaluate the argument that further measures to reduce inequality may have adverse consequences for work incentives ” Measures to reduce inequality include, progressive taxes, means tested benefits and higher minimum wages 1. Higher Income Tax. Increasing the highest rate of income tax from 40% to 50% will make work and overtime less attractive …
If you have exams this afternoon, there isn’t much more revision you can do. What is important now is the right exam technique. These tips may sound like common sense and stating the obvious, but, every year a significant % of candidates make these mistakes and so reduce their grade. Although they may sound obvious …
Readers Question: Discuss the likely economic impact on absolute and relative poverty of China’s rapid economic growth? It is an interesting question because even the Chinese government have been concerned that China’s rapid economic growth has not helped large sections of the population, especially in the north. Absolute poverty is defined as the minimum level …
Readers question: Should the Government intervene to deal with the problem of Oil Shortages or is it better to leave it to a free market? As oil runs out, supply will shift to the left and the price will increase. Because demand is inelastic, oil firms will make increased profits. This creates an incentive for …
Readers Question: ‘Outline two reasons why the UK’s housing market represents a barrier to the UK’s membership of the euro’. Joining the Euro involves a common monetary policy. This means that UK interest rates will be set by the ECB. Therefore, if the ECB has to increase interest rates it will increase UK rates and …
Readers Question ‘Evaluate two policies which the government might adopt to reduce the male inactivity rate’ Main Reasons for Inactivity in Labour Market Inactivity rates imply that people have left the labour market and are not able or are unwilling to seek employment. According to the ONS, inactivity rates can be caused by: Being a …