The Organisation for Economic Co-operation and Development (OECD) has urged member nations to scale up public investment in renewable energy infrastructure, such as smart electricity grids.
Draw an aggregate demand and aggregate supply (AD/AS) diagram to show the likely impact of an increase in government investment in renewable energy infrastructure on a country's price level and real output.
12 exam-style questions on Edexcel A A Level Economics 2.2.4 Government expenditure (G). Each one has a worked solution and a mark scheme showing where the marks go.