Macro paper Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Macro paper? On this page you'll find 1 study documents about Macro paper.
All 1 results
Sort by
-
2024 macro paper Exam Questions and Answers 100% Pass
- Exam (elaborations) • 5 pages • 2024
-
- $11.49
- + learn more
2024 macro paper Exam Questions and 
Answers 100% Pass 
Define the term 'inflation'. (1) - Correct Answer ️️ -increase in GDP (measured by the 
CPI based on an average basket of goods) 
Explain one likely cause of inflation. (2) - Correct Answer ️️ -increasing in govt 
spending --> AD shifts out --> actual growth --> demand pull inflation OR natural 
disaster --> AS shifts inwards --> cost push inflation 
Illustrate the shape of the Classical long-run aggregate supply (A...
Get paid weekly? You can!
That summary you just bought made someone very happy. Also get paid weekly? Sell your study resources on Stuvia! Discover all about earning on Stuvia