Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

The diagram illustrates the initial aggregate demand curve, AD1, together with the initial aggregate supply curve, AS1. The initial equilibrium is at X. Which change would result in the new equilibrium moving to Y?

  • Aan increase in export prices
  • Ban increase in government spending on education
  • Can increase in import prices
  • Dan increase in the money supply

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