Question: (Question 4 continued) (a) (i) Define the term inflation, indicated in bold in the text (paragraph 1) [2 marks] (ii) Define the term infrastructure, indicated
(Question 4 continued) (a) (i) Define the term inflation, indicated in bold in the text (paragraph 1) [2 marks] (ii) Define the term infrastructure, indicated in bold in the text (paragraph 3) [2 marks] (b) Using an appropriate diagram, explain how the World Cup could bring "huge economic benefits and improved infrastructure" to Brazil (paragraph 2) [4 marks] (c) Explain how "the social safety net in a country" and "gross inequality" (paragraph 4) are related in a country like Brazil. [4 marks] (d) Using information from the text/data and your knowledge of economics, evaluate the possible economic consequences of hosting the World Cup for a country like Brazil. [8 marks]
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