DP Economics
Question 19N.3.HL.TZ0.b
| Date | November 2019 | Marks available | [Maximum mark: 4] | Reference code | 19N.3.HL.TZ0.b |
| Level | HL | Paper | 3 | Time zone | TZ0 |
| Command term | Explain | Question number | b | Adapted from | N/A |
b.
[Maximum mark: 4]
19N.3.HL.TZ0.b
The information in Table 1 refers to Country A (base year: 2011).
Table 1
The central bank of Country A aims to achieve price stability, defined as “inflation below but close to 2 % annually”.
Explain two reasons why low and stable inflation is desirable.
[4]
Markscheme
For a limited explanation of one reason, award a maximum of [1].
For an accurate explanation of one reason or a limited explanation of two reasons,award a maximum of [2].
For providing an accurate explanation of one reason and a limited explanation of a second reason, award a maximum of [3].
For providing two accurate reasons, award a maximum of [4].
