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2.3.3 Long-run AS

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Question 3

Between 2020 and 2024, the government of Singapore increased its direct funding for research and development (R&D) in advanced manufacturing and digital technologies from SGD 1.8 billion to SGD 2.9 billion.

Explain one likely impact of this interventionist supply-side policy on aggregate supply in Singapore.

[3]
Markscheme

2.3.3 Long-run AS Questions

  1. A Level
  2. /Economics
  3. /2.3.3 Long-run AS

23 exam-style questions on Edexcel A A Level Economics 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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