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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 20

Which one of the following is most likely to cause a rightward shift in an economy's long-run aggregate supply curve?

A decrease in government expenditure on regional transport infrastructure

An increase in workplace training and the occupational mobility of labour

A rise in the interest rate charged on commercial capital loans

An increase in the level of out-of-work welfare benefits

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