A level north west regional mock gce 2022 economics 2
A level north west regional mock gce 2022 economics 2
SECTION B
5. (a) Identify the withdrawals and injections in a three sector non-govemed economy.(8 marks)
(b) What w’ould be the effect of a balanced budget on the equilibrium income in
a three sector governed economy?
6. (a) What are the negative effects of inflation on the economy of Cameroon?
(b) Describe (he measures that could be used to cure cost-push inflation.
7. (a) Identify the disadvantages of international trade to an economy.
(b) WTiy should restrictions not be placed on international trade despite its
disadvantages?
8. (a) Differentiate between economic growth and economic development.
(b) Why is economic growth badly needed by a developing economy like
Cameroon?
(c) What are the costs of a faster rate of economic growth?
