Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

The diagram depicts aggregate demand (AD) and long-run aggregate supply (LRAS), with X marking the starting equilibrium. Which pairing of policy and new final equilibrium point is correct?

  • AF: increased direct taxation
  • BG: increased government spending on infrastructure
  • CH: appreciation of the exchange rates
  • DJ: decreased interest rates

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