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Question 18N.1.SL.TZ0.4a

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Date November 2018 Marks available [Maximum mark: 10] Reference code 18N.1.SL.TZ0.4a
Level SL Paper 1 Time zone TZ0
Command term Explain Question number a Adapted from N/A
a.
[Maximum mark: 10]
18N.1.SL.TZ0.4a
(a)

Explain how an increase in leakages can affect the size of the circular flow of income.

[10]

Markscheme

Answers may include:

  • definitions of leakages, circular flow of income
  • diagram of the circular flow of income
  • explanation that when leakages increase money flows in the circular flow of income will fall and reduce the size of the circular flow of income
  • examples of where an increase in leakages have reduced national income.

Marks should be allocated according to the paper 1 markbands for May 2013 forward, part A.

Syllabus sections