Economics (AS & A Level) · Oct / Nov 2023 · Paper 31 · Question 18

9708The circular flow of income

The diagram shows a closed economy in which the full employment level of income is Y_F. Which distance measures the deflationary gap?

1. AJK
2. BJL
3. CNY_F
4. DMY_F

As printed in the paper

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.