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SingaporeEconomicsQuick questions

National Income and Macroeconomic Aims

Quick questions on Aggregate demand explained: H2 Economics

3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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State the four components of aggregate demand. [2 marks]
What is q2?
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Explain the interest-rate effect behind the downward-sloping AD curve. [3 marks]
What is q3?
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Explain how a currency depreciation shifts AD. [2 marks]

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