January 2010 F585 paper questions
1a) Describe what is meant by economic stability [4]
1b) Analyse how inflation targeting, such as that used in the UK, can help promote economic stability. [6]
1c) Comment on the effectiveness of using expansionary monetary policy during a downturn in the economic cycle, such as that experienced in the UK in 2008. [10]
2a) Explain the role of the International Monetary Fund (IMF). [4]
2b) Using a diagram, analyse the causes of the depreciation of the Hungarian Forint which occurred during 2008. [6]
2c) Comment on the extent to which a deficit on the current account of the balance of payments, such as that in Hungary and the UK, is a sign of economic weakness. [10]
3) Discuss the impact of globalisation on developing economies. [20]
1 comment:
hey is it for A2 or AS Chris?
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