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Card 6
Front
Explain the elastic part of the AS curve (severe recession)
Back
Card 7
Front
Explain the intermediate section of the AS curve
Back
Card 8
Front
Explain the full employment section of the AS curve
Back
Card 9
Front
How can you increase the AS curve in the long run in order to increase the productive potential of the economy?
Back
Card 10
Front
What factors would cause the elastic part of the AS curve to move up?
Back
Card 11
Front
What is unemployment?
Back
Card 12
Front
What are two ways of measuring unemployment?
Back
Card 13
Front
Why does the government aim to achieve low employment?
Back
Card 14
Front
What are the cost of high unemployment?
Back
Card 15
Front
What are the benefits of high unemployment?
Back
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