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IB Economics HL 2.7.2 Main forms of intervention Question Bank

Practise IB Economics SL/HL 2.7.2 by applying main forms of intervention concepts to exam-style questions.

Syllabus
First assessment 2022
Course
Economics HL
Level
HL

Exam points

  • identify the relevant model, concept or evidence
  • apply the correct subject framework to the question
  • evaluate the result using clear evidence and subject terminology

2.7.2—Main forms of intervention question 1

[Maximum number: 2]

Draw and label on Figure 1 a curve that illustrates the price floor in Nissos that leads to a monthly surplus of 3 million kg of corn.

The monthly corn surplus created must be purchased by the government of Nissos.

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