A-LevelEconomicsAggregate Demand and Aggregate SupplyFeb/Mar 2018Paper 1 Q191 Mark
An aggregate demand curve slopes downwards from left to right. One reason for this is that a reduction in the average price level will lead to
Adecline in the country's international competitiveness.
Ban increase in interest rates.
Can increase in the real value of money balances.
Dthe expectation of further price falls.
✓ Correct Answer
The correct answer is C: an increase in the real value of money balances.
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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