Paper 2 question on economic growth, measuring development, poverty and inequality
IB Economics Paper 2 includes two questions, and students need to choose one. This is a sample Paper 2 question. The time allowed for Paper 2 is 105 minutes. This Paper 2-style question covers common-pool resources, economic growth, exchange rates, economic development, YED, and income inequality. Questions Guyana currently has the highest rate of economic growth in the world at 16%. Guyana's growth rate means it has...