Question: Question 4 Consider the cartoon below. Source here. Your task is to: (i) Explain the intended meaning of the cartoon, illustrating with an appropriate diagram.

Question 4 Consider the cartoon below. Source here. Your task is to: (i) Explain the intended meaning of the cartoon, illustrating with an appropriate diagram. (ii) Discuss whether the argument illustrated by the cartoon would have been more, or less, valid in 2018 com pared with 2020. (iii) Discuss why this argument is contested among economists, citing evidence of different viewpoints. (Marks will not be allocated separately to points (i), (ii) and (iii). Rather an overall mark out of 10 will be given.)

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