This document consists of 4 printed pages and 1 Insert. DC (CW) 119595/2 © UCLES 2016 [Turn over Cambridge International Examinations Cambridge International Advanced Subsidiary and Advanced Level * 1 7 3 6 6 7 6 5 1 7 * ECONOMICS 9708/43 Paper 4 Data Response and Essays October/November 2016 2 hours 15 minutes No Additional Materials are required. READ THESE INSTRUCTIONS FIRST An answer booklet is provided inside this question paper. You should follow the instructions on the front cover of the answer booklet. If you need additional answer paper ask the invigilator for a continuation booklet. Section A Answer Question 1 . Section B Answer any two questions. You may answer with reference to your own economy or other economies that you have studied where relevant to the question. The number of marks is given in brackets [ ] at the end of each question or part question.
2 9708/43/O/N/16 © UCLES 2016 Section A Answer this question. 1 Interest rates and economic growthIn January 2014 Turkey’s central bank agreed to a large increase in its main interest rate from 4.5% to 10% in order to try and strengthen Turkey’s currency, the lira. Financial markets did not
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