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Paper 3 question: Measuring real GDP, measuring economic growth, business cycle, maximum prices and housing market policies

This section includes a paper 3 style examination question and markscheme from the new syllabus. The question and markscheme are based on the IB approach to setting paper 3 style questions which have a quantitative and policy approach. The markscheme also includes a sample answer to the part b section. Students are required to answer 2 questions when they are completing paper 3 and they have 105 minutes to do this.

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