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CAIE A-Level Economics AS 4.3.8 Sras and Lras Shape Questions

Practise reading aggregate-supply diagrams, identifying axes and gradients, and explaining how horizontal, upward-sloping and vertical LRAS shapes affect output and employment.

Syllabus
2026–2028
Course
Economics 9708
Level
AS

Exam points

  • Interpret the shapes of short-run and long-run aggregate supply curves, including horizontal, upward-sloping and vertical forms.

CAIE A-Level Economics AS 4.3.8 Sras and Lras Shape Questions question 1

[Maximum number: 1]

What is both a valid statement and consistent with the features of the diagram?

Figure for Question CAIE A-Level Economics AS 4.3.8 Sras and Lras Shape Questions question 1 — CAIE A-Level Economics AS
A

AS cannot be increased beyond some level of real output.

B

Consumption is a component of AD and is lower when the general level of prices is lower.

C

Investment is a component of AS and is independent of the general level of prices.

D

The greater the demand for a country's exports, the lower will be AD.

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