2017年5月IB经济SL真题下载-Paper1
Microeconomics
1. (a) A fall in income leads to a fall in demand for a good. Explain this relationship between the demand for the good and consumer income.
(b) Evaluate the consequences of rising incomes on service sector producers (such as hotels) and primary sector producers (such as rice farmers).
2. (a) Explain why the consumption of merit goods, such as healthy food, can lead to positive externalities of consumption.
(b) Discuss whether advertising by the government is the most appropriate way of increasing consumption of a merit good.
Macroeconomics
3. (a) Explain how aggregate demand might be affected by an increase in interest rates.
(b) Discuss whether the use of fiscal policy is the most effective way to bring an economy out of a recession.
4. (a) Explain the factors that cause demand-pull and cost-push inflation.
(b) Discuss the view that deflation will always be bad for an economy.
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