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Cambridge IGCSE Economics practice

Paper 2 structured question: Economic growth

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Attempt questionEconomic growth revisionRevise the key idea

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Economic growth

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Paper 2Structured Questions1 marks

The economy is experiencing a recession characterized by rising unemployment and falling GDP.

Description

Recession Overview

The economy has seen a significant decline in economic activity, leading to various consequences.

  1. a

    State the definition of a recession.

    Aim for approximately 1 distinct marking point.

    [1]

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Paper 2 structured question: Economic growth

Paper 2Structured Questions4 marks

Description

Impact of Recession on PPC

The inward shift of the PPC reflects a decrease in the economy's ability to produce goods and services.

  1. a

    Explain the impact of a recession on the production possibilities curve (PPC).

    Aim for approximately 4 distinct marking points.

    [4]