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Shifts in Aggregate Demand and Aggregate Supply

Level:: AS, A-Level, IB

Board:: AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 28 Dec 2018

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Here are eight causes of shifts in aggregate demand and/or aggregate supply. What is likely to happen to equilibrium national income and the general price level on each occasion (starting from equilibrium X)? Test yourself using this Quizlet revision activity.