Tiêu đề Feb-Mar_2025_9708_42_QP - Crack A Level.pdf ✅

3 © UCLES 2025 9708/42/F/M/25 (a) Explain what is meant by an optimum population. [2] (b) Explain how China’s population structure changed between 1970 and 2020 and consider whether the statement ‘its population is decreasing’ is supported by Fig. 1.1. [5] (c) Identify two observations economists have made about changes in China’s population and analyse how these changes would affect GDP. [6] (d) China’s government has a different view from what it says are the alarming statements made by economists. Consider the effects on the economy of the population policies suggested by China’s government. [7] Section B Answer one question. EITHER 2 Oligopolies are able to avoid price competition while maintaining supernormal profits in the long run. Evaluate this statement. [20] OR 3 With the help of a diagram, evaluate the consequences of imposing an effective minimum wage on the employment level and the wage level in a monopsony labour market. [20] Section C Answer one question. EITHER 4 With the help of a diagram, assess the effectiveness of government policies that might be used to reduce demand-pull inflation. [20] OR 5 With the help of a diagram, evaluate the effectiveness of the use of expenditure-switching policies to reduce a current account deficit on the balance of payments. [20]