DP Economics
Question 23M.2.SL.TZ0.ii
| Date | May 2023 | Marks available | [Maximum mark: 1] | Reference code | 23M.2.SL.TZ0.ii |
| Level | SL | Paper | 2 | Time zone | TZ0 |
| Command term | Calculate | Question number | ii | Adapted from | N/A |
ii.
[Maximum mark: 1]
23M.2.SL.TZ0.ii
Using the information in Table 3 and your answer to (b)(i), calculate the real interest rate in Cameroon in 2019.
[1]
Markscheme
real interest rate in 2018: 7.94 – 2.42 = 5.52%
OFR applies.
An answer of 5.52% without workings is sufficient for [1]
Examiners report
Fewer candidates were able to calculate the real interest rate, although some students who made errors in calculating the inflation rate in part (b)(i) demonstrated knowledge of the calculation of the real interest rate in part (b)(ii) and received the mark through the application of the Own Figure Rule (OFR) principle.
