2.4.3 Real National Output 0.0 / 5 ? EconomicsMacroeconomicsASEdexcel Created by: 13clarkenCreated on: 20-01-19 18:07 24315 Across 1. If Aggregate demand falls then aggregate supply must ... to avoid an excess of the good (8) 4. ... is the output of the economy once inflation has been accounted for (4, 8, 6) 5. ... levels of real national output occur when planned aggregate demand equals planned aggregate supply and the two curves intersect (11) Down 2. If Aggregate demand ... then aggregate supply must increase to meet the demand for goods (9) 3. If aggregate supply ..., firms are able to supply the good at a cheaper price (9)
Comments
No comments have yet been made