Grade Booster exam workshops for 2024. Join us in to Birmingham, Bristol, Leeds, London, Manchester and Newcastle Book now

Topic Videos

Keynesian Aggregate Supply (MCQ Revision Question)

Level:
AS, A-Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 9 Jun 2017

This question looks at the effects of an outward shift of aggregate demand using the Keynesian aggregate supply curve model.

Keynesian Aggregate Supply (MCQ Revision Question)

The perfectly elastic shape of the Keynesian AS curve shows the existence of excess capacity allowing real GDP to expand through increases in aggregate demand without there being inflation. 

© 2002-2023 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.