Paper 1 Explain two reasons why a government might set a price ceiling (maximum price) on a good. Using real-world examples, discuss the consequences of a price ceiling on stakeholders.
Paper 2 Using a poverty cycle diagram, explain how the net increase in foreign direct investment (FDI) in Mexico between 2010 and 2015 might lead to an improvement in economic development.
paper1: Explain two tools open to a central bank to conduct expansionary monetary policy. z Using real-world examples, evaluate the effectiveness of monetary policy to achieve low unemployment.
解释央行实施扩张性货币政策的两种工具。使用真实世界的例子,评估货币政策实现低失业率的有效性。
Paper2:Using an exchange rate diagram, explain how the increase in the interest rate by the Nigerian central bank might prevent the continued fall in the value of the naira. 使用汇率图,解释尼日利亚央行提高利率如何防止奈拉价值持续下跌。 Paper3:Using the data provided, and your knowledge of economics, recommend a policy that could be introduced by the government of Country X in response to the expected fall in the world price of coffee.