Despite stagnation in Eurozone consumer confidence and high interest rates through 2023, France is pinning hopes of a structural and cyclical economic boost on hosting the Paris 2024 Olympic Games. Estimates suggest that infrastructure upgrades, stadium construction, ticketing, and foreign tourist spending could inject up to €10 billion into the French economy, revitalising sectors from construction to hospitality.
Using an AD/AS diagram, explain what impact hosting the Olympic Games is likely to have on economic growth in France.
22 exam-style questions on OCR A Level Economics Aggregate demand. Each one has a worked solution and a mark scheme showing where the marks go.