EdexcelPaper 2June 202410 marksTheme 4
Assess whether a fiscal deficit and national debt should be a cause for concern for the UK government.
Public Sector Finances — Edexcel Past Paper Questions
4 questions on Public Sector Finances (Edexcel specification 4.5.3) from the A-Level Economics papers, 2017–2024. Every question links to the official mark scheme at the page its answer begins on.
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EdexcelPaper 3November 20215 marksTheme 4
Explain one reason why a country such as Germany wants to avoid an increase in the national debt relative to GDP (Figure 2).
EdexcelPaper 2June 201925 marksTheme 4
Japan’s budget deficit for 2017/18 is expected to be 4.6% of GDP. Its national debt is forecast to increase to above 250% of GDP by 2019. Evaluate the impact of a large fiscal deficit and national debt on a country’s economy.
One of two options in Section C — candidates answered this or the other.
EdexcelPaper 3June 20178 marksTheme 4
With reference to Figures 4 and 5 and your own knowledge, examine the relationship between the national debt as a proportion of GDP and the fiscal deficit.
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Try a broader term — for example monopoly, inflation, exchange rates, externalities or 25 marks.
Related topics
- 4.5.2 Taxation 5 questions
- 4.1.1 Globalisation 4 questions
- 4.1.3 Pattern of Trade 4 questions
- 4.1.5 Trading Blocs and the WTO 5 questions
- 4.1.8 Exchange Rates 10 questions
- 4.1.9 International Competitiveness 4 questions
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