A-LevelEconomicsAggregate Demand and Aggregate SupplyFeb/Mar 2018Paper 1 Q201 Mark
In the diagram an economy is initially in equilibrium at point X. The government increases spending on education. This coincides with an increase in wage rate inflation. Which point shows the most likely short-run equilibrium of the economy?
A[Point A]
B[Point B]
C[Point C]
D[Point D]
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of aggregate demand and aggregate supply within the Economicssyllabus. The examiner's mark scheme requires...
📋 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...
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