AS Paper 2, June 2023The UK Economy – Performance and Policies

AS Paper 2, June 2023, Q1(a)

Explain one likely impact of this interventionist supply-side policy on aggregate supply in the UK.

Short answerExplain3 marks

Context

Between 2019 and 2020 the UK Government increased its expenditure on healthcare from £175.1 billion to £219.9 billion.

Specification topics

Supply-side policiesLong-run AS

Revision notes

Question paperMark schemeExaminer report
View all questions in this paper
Question text © Pearson Edexcel, quoted for students' private study. Open the official papers and mark schemes from the links on each question.