2.2.3 Investment (I)

Question 4

Annotate the aggregate demand ( $A D$ ) and short-run aggregate supply ( $S R A S$ ) diagram below to show the likely impact of a sharp decline in business confidence, which causes a significant contraction in private-sector investment, on the equilibrium level of real national output and the price level.

Aggregate Demand and Short-Run Aggregate Supply Diagram

[2]

2.2.3 Investment (I)

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Question 4

Annotate the aggregate demand ( $A D$ ) and short-run aggregate supply ( $S R A S$ ) diagram below to show the likely impact of a sharp decline in business confidence, which causes a significant contraction in private-sector investment, on the equilibrium level of real national output and the price level.

Aggregate Demand and Short-Run Aggregate Supply Diagram

[2]

2.2.3 Investment (I)

Question 4

2.2.3 Investment (I) Questions

2.2.3 Investment (I)

Question 4

2.2.3 Investment (I) Questions