Economics (AS & A Level) · Oct / Nov 2022 · Paper 41 · Question 7
9708
As printed in the paper
The question as text
A government’s decision to increase its budget deficit as a proportion of the economy’s GDP will depend significantly upon whether the economy’s output gap is positive or negative. With the help of a diagram explain and evaluate this statement. [25]
Read automatically from the paper; the printed page above is exact.
Show the answer and mark scheme
Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.