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2.2 Aggregate demand (AD)

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Question 33

An economy is a major net exporter of liquefied natural gas (LNG). Draw an AD/AS diagram to show the effect of a severe and sustained fall in the global market price of LNG on the equilibrium level of real national output and the price level of this economy.

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2.2 Aggregate demand (AD) Questions

  1. A Level
  2. /Economics
  3. /2.2 Aggregate demand (AD)