Paper 2 question on inflation, external costs, economic growth and sustainability
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 inflation, external costs, economic growth, and sustainability. Questions Answers New Zealand's central bank, the Reserve Bank of New Zealand, voted to increase its base interest rate by 0.25% to 2.75. The RBNZ has also...