Question 23M.2.SL.TZ0.c
| Date | May 2023 | Marks available | [Maximum mark: 4] | Reference code | 23M.2.SL.TZ0.c |
| Level | SL | Paper | 2 | Time zone | TZ0 |
| Command term | Explain | Question number | c | Adapted from | N/A |
Using an AD/AS diagram, explain how expansionary fiscal policy has supported economic growth in Cameroon (Text D, paragraph 3).
[4]
Candidates who label diagrams incorrectly can be awarded a maximum of [3].
For AD/AS, the vertical axis may be Average (General) Price Level, or Price Level. The horizontal axis may be real output, real national output, real income, real national income, real GDP or real Y. Any abbreviation of the previous terms is acceptable. A title is not necessary.
Most candidates performed well on this question and received 2 marks for the diagram. Only a small number of responses incorrectly shifted the short-run aggregate supply (SRAS) curve, resulting in no mark awarded for the diagram. However, in the explanations, an essential step was often omitted: explaining that government expenditure (and/or consumption/investment in the case of expansionary policy explained through a decrease in taxes) is a component of aggregate demand.
