Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

The diagrams depict the starting equilibrium at Y1P1. Which diagram shows the effect on an economy of higher unit wage costs and an improvement in the balance of trade?

  • A[IMAGE:9708_w22_qp_11_p10_diagram_3]
  • B[IMAGE:9708_w22_qp_11_p10_diagram_2]
  • CC
  • D[IMAGE:9708_w22_qp_11_p10_diagram_1]

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