A-LevelEconomicsInvestmentOct/Nov 2018Paper 3 Q261 Mark
The diagram shows the investment schedule of an economy. [Figure: Diagram showing rate of interest (%) on y-axis, investment on x-axis, with two downward sloping lines MEC₂ and MEC₁.] What would cause a shift in the MEC curve from MEC₁ to MEC₂? A a decrease in the level of household spending B a decrease in the rate of interest C an increase in the availability of credit D an increase in the rate of inflation
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
🔒
Unlock the Examiner's Analysis
Sign up for free to reveal the full examiner report, trap analysis, and mark scheme breakdown for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep