2025 ACJC H2 Prelims Paper 1_FINAL

ANGLO-CHINESE JUNIOR COLLEGE 2025 JC2 PRELIMINARY EXAMINATIONS ECONOMICS 9570/01 Higher 2 Paper 1 25 August 2025 2 hours 30 minutes Additional materials: Writing papers 2 cover sheets READ THESE INSTRUCTIONS FIRST Write your exam index number and name on all the answers you hand in. Write in dark blue or black ink pen on both sides of the paper. You may use a soft pencil for any diagrams, graphs or rough working. Do not use staples, paper clips, highlighters, glue or correction fluid / tape in your answers. Answer all questions. Begin Question 2 on a fresh sheet of writing paper. At the end of the examination, arrange your answers in order. Fasten your answers for Question 1 and Question 2 separately using the cover sheets provided. The number of marks is given in brackets [ ] at the end of each question or part question. This document consists of 9 printed pages (including this page). Please check that your question paper is complete.

2 ©ACJC 2025 Preliminary Exam 9570/01 Answer all questions Question 1: The Cinema Scene in Singapore Figure 1: Cinema Attendance in Singapore (in millions of persons) Source: Singapore Film Commission, retrieved 10 July 2025 Figure 2: Cinema Operator Market Share^ in Singapore (2023) ^Based on number of movie screens Source: www.dollarsandsense.sg, 30 March 2025

3 ©ACJC 2025 Preliminary Exam 9570/01 Extract 1: Hollywood – A Cost Savings Heaven for Film Makers From the early years of the twentieth century, right down to the present, the United States has been the world’s major commercial producer of films and movies. Films and movies production in the United States as a whole, generated revenues of $26.7 billion in 2023, with Hollywood (located in Los Angeles) alone being responsible for almost 85% while other states in the United States account for the remaining 15%. Hollywood offers film makers access to a dense network of specialized suppliers, such as computer generated imagery (CGI) studios and costume designers, which streamlines production. The availability of a large pool of skilled labour such as editors, stunt coordinators, and cinematographers makes hiring of professionals faster for film production. The clustering of film activity also enables shared use of advanced infrastructure like Universal Studios and post - production facilities such as Technicolor and D eluxe Entertainment, which provide services like colour grading, visual effects, and sound mixing. All these enables film makers to achieve cost savings when they locate their productions in Hollywood. Adapted: Yale Global Online, accessed 9 July 2025 Extract 2: Impact of a rise in GST on the entertainment industry Singapore will raise its goods and services tax, otherwise known as the GST, from 7% to 8% in 2023. It’s the first of two scheduled hike