Paper 2 Diagrams Flashcards

1
Q

Demonstrate a currency market in equilibrium.

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2
Q

Demonstrate demand deficient unemployment

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3
Q

Demonstrate the impact of the removal of a quota on the price and quantity imports coming into the uk

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4
Q

Demonstrate what happens if a country decides to impose a tariff on an imported good

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5
Q

Demonstrate how a floating exchange rate works

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6
Q
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7
Q

Demonstrate potential growth

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8
Q

Demonstrate how Keynesian expansionary fiscal policy might lead to inflation

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9
Q

Use a graph to show the impact of a positive demand side shock on the economy

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10
Q

Demonstrate the natural rate of unemployment in the labour market

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11
Q
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12
Q

Show the economic cycle and label the phases

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13
Q

Show how gov spending on education can affect both AD and LRAS

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14
Q

Demonstrate the New Classical view that a positive output gap will be eliminated by market forces

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15
Q

Show the impact of hot money flowing in on the value of a currency

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16
Q

Draw the circular flow of income for an economy and label all injections and leakages

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17
Q

Draw the Lorenz Curve

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18
Q
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