2014年11月IB经济SL真题下载-Paper1
Microeconomics
1. (a) Explain how the price mechanism allocates resources in an economy.
(b) Examine the possible consequences of governments imposing a price ceiling in the market for rented housing.
2. (a) Explain that when producer surplus and consumer surplus are maximized, allocative efficiency is achieved.
(b) Discuss the consequences of the introduction of an indirect tax on gasoline (petrol) for consumers, producers and the government.
Macroeconomics
3. (a) Explain the difference between cost-push and demand-pull inflation.
(b) “A rise in the inflation rate will always result in negative consequences for the economy.” To what extent is this statement true?
4. (a) Using an appropriate diagram, explain how a recession might lead to more poverty.
(b) Evaluate the view that attempts to achieve greater equity in the distribution of income will reduce economic efficiency.
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