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2.3 Economic performance

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Question 101

A negative output gap necessarily means that:

A

there is spare capacity in the economy.

B

actual GDP exceeds potential GDP.

C

the economy’s long-run aggregate supply curve is shifting to the right.

D

the rate of economic growth is negative.

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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