0455.4.6.3 — causes and consequences of recession Meaning of recession and how a recession moves the economy within its PPC.: past paper questions
Real questions on 0455.4.6.3 — causes and consequences of recession meaning of recession and how a recession moves the economy within its ppc.
The newest 10 of 10 written questions. Open one to see it on the real paper.
- 0455/21 · May/June 2024 · Q5b[4]
Explain two disadvantages of a recession.
See it on the paper → - 0455/12 · October/November 2022 · Q23[1]
The table shows changes in economic growth and inflation. Which changes are likely to be the result of rising unemployment?
See it on the paper → - 0455/23 · October/November 2022 · Q1d[4]
Explain two reasons why Ecuador experienced a recession between 2014 and 2016.
See it on the paper → - 0455/22 · May/June 2022 · Q5c[6]
how the level and pattern of household spending may change when GDP decreases.
See it on the paper → - 0455/11 · October/November 2021 · Q16[1]
Recession is when there are two consecutive quarters (six months) of
See it on the paper → - 0455/12 · May/June 2020 · Q21[1]
The table shows figures for the real GDP of a country. A quarter is three months. During which quarters was the country experiencing a recession?
See it on the paper → - 0455/23 · October/November 2019 · Q2c[6]
Analyse how lower unemployment may cause inflation.
See it on the paper → - 0455/23 · May/June 2019 · Q1e[5]
Analyse, using Fig. 1.1, the relationship between changes in the economic growth rate and the unemployment rate over the period shown.
See it on the paper → - 0455/22 · February/March 2019 · Q1e[5]
Analyse, using Fig. 1.1, what happened to India’s output and population over the period shown.
See it on the paper → - 0455/22 · February/March 2019 · Q3d[8]
Discuss whether or not a country will suffer if its output falls.
See it on the paper →
What examiners said
Question 23 was answered correctly by 33 per cent who chose option A. 60 per cent chose option B, 4 per cent chose option C and 3 per cent chose option D. If unemployment is increasing, economic growth is likely to be falling so the choice is between option A and option B. If there is increased unemployment then it is likely that demand for goods would be decreasing and prices would be falling. (O...
— Examiner report, October/November 2022, 0455/12 Q23 (Cambridge)
This was generally well done, as most candidates clearly understood what was meant by the term ‘recession’ and carefully selected the relevant information on lower oil exports and less government spending from the extract material to explain why this would lead to lower output and GDP.
— Examiner report, October/November 2022, 0455/23 Q1(d) (Cambridge)
Some answers were limited to explaining that household income would be likely to fall and so they would spend less. The stronger answers also explored the likely change in the pattern of household spending. There was some good analysis linked to necessities, luxuries and the influence on the motives for saving and borrowing.
— Examiner report, May/June 2022, 0455/22 Q5(c) (Cambridge)
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