Economics 9708 · AS & A Level · Supply-side policy

Supply-side policy — practice question

A government intends to raise expenditure on education and training each year. Which diagram is most likely to show how this increase affects the economy’s long-run output and price level?

  • A[IMAGE:9708_w21_qp_11_p9_diagram_4]
  • B[IMAGE:9708_w21_qp_11_p9_diagram_3]
  • C[IMAGE:9708_w21_qp_11_p9_diagram_2]
  • D[IMAGE:9708_w21_qp_11_p9_diagram_1]

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