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

The table below details the components of national expenditure for a medium-sized open economy over two consecutive fiscal years.

Economic Component	Year 1 (£ billion)	Year 2 (£ billion)
Household Consumption ( $C$ )	220	240
Gross Private Investment ( $I$ )	60	65
Government Expenditure ( $G$ )	85	90
Exports of Goods and Services ( $X$ )	75	80
Imports of Goods and Services ( $M$ )	90	115

Between Year 1 and Year 2, the Aggregate Demand (AD) of this economy increased by:

£10 billion.

£30 billion.

£50 billion.

£60 billion.

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

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

The table below details the components of national expenditure for a medium-sized open economy over two consecutive fiscal years.

Economic Component	Year 1 (£ billion)	Year 2 (£ billion)
Household Consumption ( $C$ )	220	240
Gross Private Investment ( $I$ )	60	65
Government Expenditure ( $G$ )	85	90
Exports of Goods and Services ( $X$ )	75	80
Imports of Goods and Services ( $M$ )	90	115

Between Year 1 and Year 2, the Aggregate Demand (AD) of this economy increased by:

£10 billion.

£30 billion.

£50 billion.

£60 billion.