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2.3 Economic performance

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Question 8

Using at least one unexpected external event as an example of each, explain how a demand-side shock and a supply-side shock might lead to inflation in a developed economy. Use AD/AS diagrams to illustrate your answer.

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Markscheme

2.3 Economic performance Questions

  1. A Level
  2. /Economics
  3. /2.3 Economic performance

327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.

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