A-level Paper 2, November 2020The National and Global Economy
A-level Paper 2, November 2020, Q5(a)
Draw an aggregate demand and aggregate supply diagram to show the likely impact of this new bridge on the price level and real output in the region.
Short answerDraw4 marks
Context
The Hong Kong-Zhuhai-Macau Bridge is the world’s longest sea bridge. It reduces the journey time from Hong Kong to Zhuhai from 4 hours to just 30 minutes. It cost the equivalent of $18.8 billion and was government funded.
Original diagram required. See the original question paper for the diagram.
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