Economics
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UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS
GCE Advanced Subsidiary Level and GCE Advanced Level
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MARK SCHEME for the October/November 2009 question paper for the guidance of teachers
9708 ECONOMICS
9708/22 Paper 22 (Data Response and Essay – Core), maximum raw mark 40
This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate the details of the discussions that took place at an Examiners’ meeting before marking began, which would have considered the acceptability of alternative answers. Mark schemes must be read in conjunction with the question papers and the report on the examination.
•
CIE will not enter into discussions or correspondence in connection with these mark schemes.
CIE is publishing the mark schemes for the October/November 2009 question papers for most IGCSE, GCE Advanced Level and Advanced Subsidiary Level syllabuses and some Ordinary Level syllabuses.
Page 2 1
Mark Scheme: Teachers’ version GCE A/AS LEVEL – October/November 2009
Syllabus 9708
Paper 22 [2]
(a) (i) What is meant by nominal prices and real prices?
Nominal relates to the selling/market price (1), real relates to quantities or inflation adjusted value (1) (ii) Compare what happened to nominal food prices and real food prices before and after the year 2000. [3] Before: real price index declined, nominal more stable (1), indices moved closer together (1) After: real and nominal prices moved more closely together (1), real and nominal prices rose (1), indices moved in similar manner (1), three points covering before and after (b) (i) How might the differences in food weights, shown in Table 1, be explained? [3]
Low income countries have higher weights (1), food necessity taking much of income (1), higher incomes afford non-food, more luxury expenditure (1),
UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS
GCE Advanced Subsidiary Level and GCE Advanced Level
e ap .c rs om
MARK SCHEME for the October/November 2009 question paper for the guidance of teachers
9708 ECONOMICS
9708/22 Paper 22 (Data Response and Essay – Core), maximum raw mark 40
This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate the details of the discussions that took place at an Examiners’ meeting before marking began, which would have considered the acceptability of alternative answers. Mark schemes must be read in conjunction with the question papers and the report on the examination.
•
CIE will not enter into discussions or correspondence in connection with these mark schemes.
CIE is publishing the mark schemes for the October/November 2009 question papers for most IGCSE, GCE Advanced Level and Advanced Subsidiary Level syllabuses and some Ordinary Level syllabuses.
Page 2 1
Mark Scheme: Teachers’ version GCE A/AS LEVEL – October/November 2009
Syllabus 9708
Paper 22 [2]
(a) (i) What is meant by nominal prices and real prices?
Nominal relates to the selling/market price (1), real relates to quantities or inflation adjusted value (1) (ii) Compare what happened to nominal food prices and real food prices before and after the year 2000. [3] Before: real price index declined, nominal more stable (1), indices moved closer together (1) After: real and nominal prices moved more closely together (1), real and nominal prices rose (1), indices moved in similar manner (1), three points covering before and after (b) (i) How might the differences in food weights, shown in Table 1, be explained? [3]
Low income countries have higher weights (1), food necessity taking much of income (1), higher incomes afford non-food, more luxury expenditure (1),