Economics 9708 · AS & A Level · Aggregate demand and aggregate supply

Aggregate demand and aggregate supply — practice question

The diagram illustrates equilibrium in the money market at point X. If the level of income in the economy rises, which point indicates the new short-term equilibrium?

APoint A
BPoint B
CPoint C
DPoint D

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

Full mark scheme, point by point
Step-by-step worked solution
Write your answer & get it marked instantly by AI