Using the classical long-run aggregate supply curve, explain what will happen in the long run to real output if aggregate demand decreases.
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Markscheme
2.3 Aggregate supply (AS) Questions
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.