WebThen for the evaluation marks, explain where this may not be the case (e.g ' However, the effect interest rates will have on consumer behaviour will not be as drastic if the change is relatively small..'). Then repeat this structure twice to make sure you gain all of the analysis and evaluation marks. WebThe multiplier formula: K = 1/MPW or K=1/ (1-MPC) The multiplier effect occurs when an initial injection into the economy, or circular flow of income causes a larger final increase in the level of real national income/output.
Answering the 12 Mark EdExcel AS Macro Question - tutor2u
WebMar 22, 2024 · Last updated 22 Mar 2024 Here are two suggested answers to the 12 mark AS macro questions set by the edExcel board. I look for students to define key terms in … WebFeb 3, 2024 · The four main types of market structures are perfect competition, monopolistic competition, oligopoly and monopoly. The more competitors in a market, the more likely it is that prices can stay fair and competitive for customers, and in some oligopoly and monopoly markets, government regulations can keep companies from charging unfair prices. church bus flyers for free
How to write a 12 mark essay - Paper One exam …
WebMar 21, 2024 · For the 12 mark question, 8 marks are for KAA and 4 for evaluation. For the 12 mark question, we need 2 more detailed KAA paragraphs, ideally one where a diagram is being used and explained, and 2 developed evaluative comments. To find a response that received full marks, see pages 27 to 28 on the examiner’s report here. WebApr 12, 2024 · The global central banking community is actively exploring Central Bank Digital Currencies (CBDCs), which may have a fundamental impact on both domestic and international economic and financial stability. Over 40 countries have approached the IMF to request assistance through CBDC capacity development (CD). Current IMF CBDC CD … WebThe IB Economics Paper 1 Essay Structure In the new syllabus (May 2024 exams onward) and get to choose 1 out of 3 questions, chosen from any of the 4 units. Paper 1 is worth 20% of your final for HL students and 30% for SL students. … church buses prices