Hello, I like the answer, although I have a couple of comments: "The diagram to the right (or left) illustrates supply-side policies, which have resulted in a rise in GDP from Y1 to Y2" isn't clear to me. The Keynesian diagram is being...
Mark scheme Q8 Unit 3.7Thank you--all up now!
InflationShiba, you divide the new number / old number x 100 i.e. 30.2/22.1=107 There were some mistakes in my calculations which I have now corrected.
Floating exchange ratesNot for me either, I will ask the technology team to investigate.
InflationThe videos don't show up on this page for some reason. Could it be filters on my end or with links?
Inflationhow do you get the values for the index?
Floating exchange ratesThe RWE can be at any time in the response Aruna.
Mark scheme Q14 unit 3.3should example be last
Mark scheme Q14 unit 3.3Thank you
Unit 1: Introduction to economics
Mark
Site authorAndres, I am not entirely sure that it specifically matters which LRAS curve you use because it shows a shift in LRAS and hence an increase in the productive capacity of the nation. However, I will probably change it to a monetarist LRAS curve as...
Mark scheme Q8 Unit 3.7