CAIE IGCSE Business Studies - Paper 2

6.1 Economic issues

Topical Past-Paper Questions

Why it’s here: The business cycle, inflation, interest rates, unemployment and exchange rates.

CAIE IGCSE Business Paper 2 Topic 6.1
Exam material

Past-paper questions

Past-paper question 0450/21/M/J/25 [8] marks

1(a) Explain one effect on PF of the increase in each of the two taxes outlined in Appendix 2. [8] Tax on people’s income:
Explanation

Tax on profit made by businesses:
Recommendation: