Levels Marking Scheme for Case Study Question on whether US adopts the best policies in tackling unemployment

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
L3 Policies that are adopted by US as shown in the extract are explained and evaluated clearly. Fiscal policy is explored as an alternative policy that is not mentioned in the extract.

An answer that comes to a synthesis or stand on whether the best policy is adopted will get a maximum of 8 marks (provided all the above is fulfilled.)

There is a very strong linkage between the policies and the tackling of unemployment rates in the US.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
7 – 8
L2

Answer identifies expansionary monetary policy, explains it and evaluates the effectiveness of such a policy. Answer may also suggest and evaluate the use of fiscal policy to overcome unemployment.

Answer fails to identify Alan Greenspan’s stand on the supply-side measures.

Or answer explains the policies on tackling unemployment but evaluation and linkage to the US context is weak.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

4 - 6
L1

Lop-sided answer that only explains how the policy works.

Or discuss of policies only in theory, without clear attempts to link to the context of the case.

There is little or no attempt to draw resources from the case. 1 - 3