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Economics

Luxury Tax square on Monopoly board

TopicShould rich people be required to pay higher taxes? 

Points

  • Government funding 
  • Competitiveness
  • Work incentive
  • Equality

Task instructions

  • Choose TWO of the above points to support your idea.
  • Write approximately 120–150 words.
  • Use a clear structure (intro, main body, conclusion).
  • Spend about 20 minutes on this task.
City skyline reflecting on the water

Topic: Is it possible for developed countries to sustain present standards of living?

Task instructions

  • Write an essay on the given topic.
  • Give THREE reasons to support your answer.
  • Structure: Introduction, main body, and conclusion.
  • Suggested length: 200–240 words.

Try to use the words "amass" and "disparity" in your answer.

globe on coins

TOPIC: Would the global economy benefit from having a single world currency?

  • Write an essay on the given topic.
  • Give THREE reasons to support your answer.
  • Structure: Introduction, main body, and conclusion.
  • Suggested length: 200–240 words.

Use the phrase, "A key thing to remember is..." in your answer.

Ethiopian farmer with oxen

Topic
Do you think that rich countries should do more to help poor countries develop?

Points

  • Inequality
  • Economic Growth
  • Domestic Issue
  • Doing Enough

Task Instructions

  • Use two of the above points to support your idea.
  • 120-150 words.
  • Clear structure (intro, main body, conclusion).
  • Spend about 20 minutes on this task.

Use the phrase "developing country" in your answer.

Calculator and notepad placed over stack of USA dollars

The graph below shows the average wages for salaried and full-time workers in the U.S.

  1. Describe the information in the graph. What does it tell you?
  2. Why might it be important to have this data? Who might want to know, and how would they use it?

man holding wallet with cash and credit card

Are you the kind of person who saves for something, or would you just take out a loan or use your credit card? Why? Which would you recommend to another person? 

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