2.4.3 Equilibrium levels of real national output Flashcards
1
Q
How does investment affect both AD and AS?
A
- A factor of AD
- Firms will also be able to produce more if they invest in more capital goods
Edexcel Economics (A) A-level Theme 2: The UK Economy - Performance and Policies > 2.4.3 Equilibrium levels of real national output > Flashcards
How does investment affect both AD and AS?
- Firms will also be able to produce more if they invest in more capital goods
Edexcel Economics (A) A-level Theme 2: The UK Economy - Performance and Policies (17 decks)