A-LevelEconomicsThe macroeconomy9708/22 · Oct/Nov 2024 · Q420 Marks

EITHER

(a)Explain two methods of measuring unemployment and consider the extent of the possible difficulties in obtaining an accurate measurement of unemployment.[8]
(b)Assess whether supply-side policy is likely to be equally successful in reducing both structural and cyclical unemployment.[12]

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2024). The mark or mark type is shown in brackets.

[AO1 1] Identification of claimant count method.
[AO1 1] Explanation of claimant count (based on claiming benefits).
[AO1 1] Identification of labour force measure method.
[AO1 1] Explanation of labour force measure (based on survey, actively seeking job).
[AO2 1] Analysis of difficulties for claimant count (omits active seekers, includes non-seekers).
[AO2 1] Analysis of difficulties for labour force measure (sampling errors, data collection problems, hidden unemployment).
[AO2 Max 2] Note: maximum of 2 marks if difficulties of only one method of measurement is analysed.
[AO3 1] Assessment of the extent of possible difficulties for both measures.
[AO3 1] Valid conclusion.

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Structured question, 20 marks.
Source: A-Level Economics, Oct/Nov 2024 Paper 2 Variant 2, question 4.

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