w w w e tr .X m eP e ap .c rs om UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Ordinary Level MARK SCHEME for the June 2004 question papers 2281 ECONOMICS 2281/01 2281/01 Paper 1 (Multiple Choice)‚ maximum raw mark 40 Paper 2 (Structured Questions)‚ maximum raw mark 80 These mark schemes are published as an aid to teachers and students‚ to indicate the requirements of the examination. They show the basis on which Examiners were initially instructed to award
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How effective is GDP per capita as a measure of economic well-being? Gross Domestic Product (GDP) is one of the primary measures used to gauge the state of a nation’s economy. It is a representation of all the goods and services produced by that nation over a specific time period. Normally GDP is compared on a quarterly or annual basis. For example if a nations GDP has risen by 2% in a period of time‚ then it is thought that that nation’s economy has grown by 2%. However‚ a recession is also
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product be used as a measure of welfare‚ well being? Discuss. Gross domestic product (GDP) is a vital concept in national income accounting. It may be defined as “the total market value of all final goods and services produced within a given period by the factors of production located within a country” (Case‚ Fair & Oster‚ 2008‚ p.105.). Essentially‚ GDP is a measure of production of an economy; that is‚ it measures its economic performance. Despite this‚ economists often use GDP statistics as an indication
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huge number of movies that are like this. One in particular would be North Country starring Charlize Theron. This movie is a fictionalized account of the first major sexual harassment case in the United States—Jenson vs. Eveleth Mines‚ where a woman who endured a range of abuse while working as a miner filed and won the landmark 1984 lawsuit (North Country). The movie is inspired by a brave woman who fought so hard for what she wanted‚ but the movie portrays her actual story very little in the movie
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hardworked money on dream vacation than before‚so the tourism is of vastly importance for any country and its economy that has natural wonders or rich and interesting history.But is tourism bringing more bad sides with its development or is it all worth it? To begin with tourism has a lot of good sides‚for instance it makes a great contributions to economy‚because it can drasticaly change the amount of money in countries bank which means it can improve life standard
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Country Lovers Kimberly Robinson ENG 125-Introduction to Literature Katherine Ness March 8‚ 2010 Literature is a wonderful journey that takes you into an imaginary experience that will take you away from your everyday life into an entire new world. Literature has a way of providing you with entertainment while educating you of many different facts and situations. It teaches you new perspectives to look at daily situations. You are pulled away from a living‚ breathing world into one that
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U N I T E D N AT I O N S C O N F E R E N C E O N T R A D E A N D D E V E L O P M E N T Export competitiveness and development in LDCs policies‚ issues and priorities for least developed countries for action during and beyond UNCTAD XII UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT Export competitiveness and development in LDCs: policies‚ issues and priorities for least developed countries for action during and beyond UNCTAD XII UNITED NATIONS New York and Geneva‚ 2008 Note
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world has been divided into developing‚ under-developed and developed countries. And the race has been always to move from under-developed to developed counties. But the confusion lies herein in this process of movement from the under-developed/developing countries to developed countries. When should a country consider itself to be moving in the right direction i.e. towards its goal of being a developed country? Surveys are made and reports being churned out that state the economic growth of a nation
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usefulness of GDP as a measure of living standards‚ and as a way of comparing living standards i) across countries ii) across time. Gross Domestic Product (GDP) is the total market value of all goods and services produced in a country in a given year. It is equal to the total consumer‚ investment and government spending‚ plus the value of exports‚ minus the value of imports. The GDP report is released on the last day of each quarter and reflects the previous quarter. However‚ GDP is to a certain
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In today’s sophisticated society‚ people of the developing countries are still fighting for their basic rights such as better healthcare‚ proper education and a sound source of income. While Because the governments of the underdeveloped countries are struggling to improve the living standards of their people‚ I believe that contributions by richer nations should be more in this regard. Firstly‚ in the field of healthcare‚ developed countries can support heunderdeveloped in many ways. They can send
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