Economics (AS & A Level) · Oct / Nov 2024 · Paper 11 · Question 19

9708Aggregate Demand and Aggregate Supply analysis

Which combination correctly identifies the necessary information to construct an accurately labelled graph of a normal short-run aggregate supply curve (SRAS)?

Anegative | quantity | price level
Bpositive | real output | price level
Cpositive | real output | price
Dpositive | price level | real output

As printed in the paper

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Correct answer: B. positive | real output | price level

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