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Economics cover artwork
  1. A Level
  3. Economics Edexcel A

Economics

Economics cover artwork
  1. A Level
  3. Economics Edexcel A
  5. 2.5.2 Output gaps

2.5.2 Output gaps

Spec 9EC0

Revise Edexcel A A Level Economics 2.5.2 Output gaps with the question bank, lessons, revision guides, and flashcards.

a) Distinction between actual growth rates and long-term trends in growth rates • b) Understanding of positive and negative output gaps and the difficulties of measurement • c) Use of an AD/AS diagram to illustrate an output gap (level of spare capacity) in an economy

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