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2.2 How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis and related concepts

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Question 70

The table below shows the macroeconomic accounts for the Republic of Eldoria's economy during the last fiscal year (€ billion):

Component of Aggregate DemandValue (€ billion)
Consumer Expenditure (CCC)290
Gross Private Investment (III)65
Government Consumption & Investment (GGG)110
Exports (XXX)55
Imports (MMM)?
Total Aggregate Demand (ADADAD)480

What is the value of imports (MMM) in € billion?

A

15

B

25

C

40

D

70

Markscheme

2.2 How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis and related concepts Questions

  1. A Level
  2. /Economics
  3. /2.2 How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis and related concepts

222 exam-style questions on AQA A Level Economics 2.2 How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis and related concepts, covering 2.2.1 The circular flow of income, 2.2.2 Aggregate demand and aggregate supply analysis, 2.2.3 The determinants of aggregate demand, 2.2.4 Aggregate demand and the level of economic activity, 2.2.5 Determinants of short-run aggregate supply, and 2.2.6 Determinants of long-run aggregate supply. Each one has a worked solution and a mark scheme showing where the marks go.

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