
AS Econ - Macro - Paper 2 - Econ. cycle and Equilibrium
Quiz by Koen De Mulder
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An inward shift in AD is likely to cause
Which of the following is most likely to increase AD?
Which of the following is most likely to increase LRAS?
The output gap is most likely become negative when
Other factors remaining equal, a rise in labour productivity is likely to cause
In a recession, the output gap must be negative
The multiplier effect can refer to the effect of a change in the level of