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Paper 3 question on government indebtedness, taxation, GDP, circular flow

IB Economics Paper 3 includes two compulsory questions. This is a sample Paper 3 question. The time allowed for Paper 3 is 105 minutes, so students should spend 52.5 minutes on each question. This Paper 3 style question is on government indebtedness, taxation, GDP, and circular flow of income. Questions Answers On December 4, the French government, which had only been in power for three months, collapsed. Prime...

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