4 questions on Conflicts Between Objectives and Policies (Edexcel specification 2.6.4) from the A-Level Economics papers, 2019–2024. Every question links to the official mark scheme at the page its answer begins on.
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Evaluate whether expansionary demand-side policies lead to conflicts between macroeconomic objectives.
One of two options in Section B — candidates answered this or the other.
2.6.4 Conflicts Between Objectives · 2.6.2 Demand-Side Policies
It has been estimated that if climate change led to the world’s temperature rising 2.5 °C compared to the temperature in 2010, then global GDP per capita would be 15% lower by 2100. If temperatures rise by 4 °C compared to the temperature in 2010, then by 2100 global GDP per capita would decline by more than 30%. Evaluate the potential trade-offs between environmental protection and other macroeconomic objectives.
One of two options in Section C — candidates answered this or the other.
2.6.4 Conflicts Between Objectives · 2.5.4 The Impact of Economic Growth
With reference to Extract C, discuss the potential conflicts between macroeconomic objectives when the central bank attempts to control inflation.
Evaluate the potential conflicts between the objective of economic growth and two other UK macroeconomic objectives.
One of two options in Section B — candidates answered this or the other.
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