A-LevelEconomicsThe price system and the microeconomy9708/32 · May/June 2020 · Q121 Mark

The table provides data on the number and value of mergers in Europe and North America between 2014 and 2017. | year | Europe | North America | |---|---|---|---| | | number | value (euro) | number | value (US dollar) | | 2014 | 17000 | 980 billion | 14000 | 2289 billion | | 2015 | 15500 | 1161 billion | 14 500 | 2533 billion | | 2016 | 18 100 | 1003 billion | 15 100 | 1858 billion | | 2017 | 18000 | 980 billion | 18 500 | 1822 billion |

(a)What can be deduced from the table? A The average value of a merger in Europe was higher in 2017 than 2014. B The difference in the number of mergers in Europe and North America was the same in 2014 and 2016. C The value of mergers each year in US dollars was always lower in Europe. D The number of mergers each year was always higher in Europe.[1]

Mark scheme

Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.

On Oracle Prep you can write or photograph your own answer and have it marked by AI against this mark scheme, with feedback on what you missed.

Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, May/June 2020 Paper 3 Variant 2, question 12.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content