A-LevelEconomicsThe macroeconomy9708/31 · Oct/Nov 2018 · Q261 Mark

The diagram shows the investment schedule of an economy. [Figure: Diagram showing rate of interest (%) on y-axis, investment on x-axis, with two downward sloping lines MEC₂ and MEC₁.] What would cause a shift in the MEC curve from MEC₁ to MEC₂? A a decrease in the level of household spending B a decrease in the rate of interest C an increase in the availability of credit D an increase in the rate of inflation

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Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2018 Paper 3 Variant 1, question 26.

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