2.3.2 Short-run AS

Question 5

Annotate the diagram below to show the likely impact of a sharp, sustained spike in the global price of imported raw materials on the German economy's equilibrium level of real GDP and price level.

AD/SRAS diagram of the German economy

[2]

2.3.2 Short-run AS

1 2 3 4 5 6 7 8 9

Question 5

Annotate the diagram below to show the likely impact of a sharp, sustained spike in the global price of imported raw materials on the German economy's equilibrium level of real GDP and price level.

AD/SRAS diagram of the German economy

[2]

2.3.2 Short-run AS

Question 5

2.3.2 Short-run AS Questions

2.3.2 Short-run AS

Question 5

2.3.2 Short-run AS Questions