Comprehensive Cambridge 9708 Economics Model Answers – Chapter 10 - Government Macroeconomic Intervention
Equip yourself (or your students) for exam success with a complete set of examiner-style model answers covering the entire Chapter 10 syllabus for Cambridge International A-Level Economics (9708). Professionally written, fully annotated, and aligned to the official mark schemes.
What’s Included
Chapter 10.1 – Government Macroeconomic Policy Objectives
“Assess the possible consequences of a rising rate of inflation for a country such as the US” (6 marks)
“Expenditure‐reducing policies will reduce a balance of payments deficit but will also cause significant unemployment. Evaluate this statement.” (20 marks)
“Can economic growth in Chile reduce income and wealth inequality?” (20 marks)
Chapter 10.2 – Links between Macroeconomic Problems
“Distinguish between the internal value of money and the external value of money and consider whether there is a link between these two values.” (12 marks)
“Discuss the impact of a high rate of inflation on an economy and consider whether reducing inflation should take priority over removing a deficit on the current account.” (12 marks)
“Explain why rapid economic growth and high inflation might often occur at the same time.” (12 marks)
“To what extent do you agree that it is not possible to achieve economic growth without simultaneously causing a balance of payments deficit?” (13 marks)
“‘The Phillips curve suggests that inflation can only be controlled at the expense of higher levels of unemployment.’ To what extent do you agree with this view?” (13 marks)
Chapter 10.3 – Effectiveness of Policy Options & Government Failure
“With the help of a diagram, assess the effectiveness of government policies which might be used to reduce cost‐push inflation.” (20 marks)
“Discuss whether a government can achieve all its key macroeconomic aims simultaneously.” (13 marks)
“The failure of quantitative easing (QE) to solve recessionary problems illustrates the weakness of monetary transmission mechanisms in particular and monetary policy in general. Critically evaluate this statement.” (13 marks)
Why These Model Answers Work
Examiner-Approved Structure
Each response is split by AO1 (definitions/context), AO2 (analysis), and AO3 (evaluation/judgment), exactly as the Cambridge mark scheme demands.
Full Mark-Scheme Alignment
We show exactly how many marks each section earns—so you know precisely where to focus your revision or teaching.
Real-World Context & Examples
Illustrative examples (e.g., US inflation, Chilean growth, UK QE) bring theory to life—elevating answers beyond textbook definitions.
Balanced, Critical Judgments
Model answers don’t simply list facts. They weigh trade-offs, consider alternative viewpoints (short run vs. long run, supply-side vs. demand-side), and arrive at a nuanced conclusion.
Ready to Print & Distribute
Professionally formatted PDFs—ideal for printing or uploading to your virtual learning environment. Students can annotate digitally or on paper.
Time-Saving & Confidence-Boosting
Poised to demystify exactly what Cambridge examiners look for, these notes free up your time (as a teacher or student) and instill confidence heading into exams.
Instant Download—Start Revising Today
Price: USD 19.99
File format: PDF
Compatibility: All devices (desktop, tablet, mobile)
Upon purchase, you’ll receive a download link via email. Use these model answers to:
Guide your essay planning and revision strategy
Practice under timed conditions, then compare to the model structure
Improve command of economic terminology, diagrams, and evaluation techniques
Build the confidence to tackle any Chapter 10 question on your A-Level exam
Boost your grades and master the art of Cambridge Economics essays—download now!