Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

The diagram illustrates an economy’s output (AS and AD curves). What effect would a fall in net exports have?

  • Aaggregate supply: shift; price level: decrease; real GDP: unchanged
  • Baggregate supply: shift; price level: unchanged; real GDP: decrease
  • Caggregate supply: unchanged; price level: increase; real GDP: unchanged
  • Daggregate supply: unchanged; price level: unchanged; real GDP: decrease

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