Скачать или смотреть May/June 2022/21 II Case StudyII Olevel/IGCSE Economics|2281|

Pastpapers.... may/june 2022/21
2281/21/M/J/22
1 (a) Calculate the number of births in Cyprus in 2019. [1]
(b) Identify two indicators of living standards. [2]
(c) State why the global market for grapes was in disequilibrium in 2019. [2]
(d) Explain two reasons why more well-educated workers tend to work past retirement age than
less-educated workers. [4]
(e) Analyse how a rise in a country’s retirement age is likely to affect its government’s budget.[4]
(f) Analyse the relationship between inflation rates and current account balances. [5]
(g) Discuss whether or not, after 2019, Cyprus’s production possibility curve (PPC) is likely to
shift to the right. [6]
(h) Discuss whether or not adopting capital-intensive production will benefit consumers. [6]


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