AS Paper 2, November 2020The UK Economy – Performance and Policies
AS Paper 2, November 2020, Q6(d)
Assess the likely impact on the UK economy of an ‘increase in consumption’ (Extract A, lines 5–6). Use an aggregate demand and aggregate supply diagram in your answer.
Data responseAssess10 marks
Case study
UK government budget and household consumption
Original diagram required. See the original question paper for the diagram.