AS Paper 2, June 2024The UK Economy – Performance and Policies

AS Paper 2, June 2024, Q6(b)

Assess the likely impact of an increase in real wages on the UK economy. Use an aggregate demand and aggregate supply diagram in your answer.

Data responseAssess10 marks

Case study

UK monetary policy since the Global Financial Crisis of 2008

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

Specification topics

Consumption (C)Short-run ASInflation

Revision notes

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