AS Paper 2, June 2019The UK Economy – Performance and PoliciesAS Paper 2, June 2019, Q2(b)Explain what is meant by spare capacity in an economy.Short answerExplain2 marksSpecification topicsLong-run ASOutput gapsRevision notesLong-run ASOutput gapsQuestion paper↗Mark scheme↗Examiner report↗View all questions in this paper