A-level Paper 2, June 2018The National and Global Economy

A-level Paper 2, June 2018, Q2(b)

Draw an aggregate demand and aggregate supply diagram illustrating the likely impact of a rise in interest rates on the price level and real output.

Short answerDraw4 marks

Original diagram required. See the original question paper for the diagram.

Specification topics

Demand-side policiesThe characteristics of AD

Revision notes

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