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2.3 Aggregate supply (AS)

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Question 5

Which one of the following is the most likely effect of a sustained increase in national labour productivity?

A

A decrease in unit labour costs

B

An increase in cost-push inflation

C

A reduction in international competitiveness

D

A contraction in long-run aggregate supply

Markscheme

2.3 Aggregate supply (AS) Questions

  1. A Level
  2. /Economics
  3. /2.3 Aggregate supply (AS)

31 exam-style questions on Edexcel A A Level Economics 2.3 Aggregate supply (AS), covering 2.3.1 The characteristics of AS, 2.3.2 Short-run AS, and 2.3.3 Long-run AS. Each one has a worked solution and a mark scheme showing where the marks go.

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