Aggregate Demand — Edexcel Past Paper Questions

With reference to Figure 4 and Extract A, examine the likely impact of the ‘freeze in income tax thresholds’ (Extract A line 1) on aggregate demand.

2.2.1 Aggregate Demand · 4.5.2 Taxation

Assess the likely impact of an increase in real wages on the UK economy. Use an aggregate demand and aggregate supply diagram in your answer.

2.2.1 Aggregate Demand · 2.2.2 Consumption

Discuss factors influencing the level of aggregate demand in Ghana. Use an aggregate demand and aggregate supply diagram in your answer.

2.2.1 Aggregate Demand

Explain the likely effect of a fall in the exchange rate of the British pound on aggregate demand. Refer to Extract A in your answer.

2.2.1 Aggregate Demand · 2.2.5 Net Trade

Assess the likely impact on the UK economy of an ‘increase in consumption’ (Extract A, lines 5–6). Use an aggregate demand and aggregate supply diagram in your answer.

2.2.1 Aggregate Demand · 2.2.2 Consumption

With reference to Extract A, assess the likely macroeconomic effects of an increase in house prices. Use an aggregate demand and aggregate supply diagram in your answer.

2.2.1 Aggregate Demand · 2.2.2 Consumption

With reference to the information provided and your own knowledge, evaluate the microeconomic and macroeconomic effects of increased UK demand for coffee at branded coffee shops.

One of two options in Section A — candidates answered this or the other.

1.2.2 Demand · 2.2.1 Aggregate Demand

With reference to Extract A, explain the likely effect of a rise in the value of the pound on aggregate demand.

2.2.1 Aggregate Demand · 2.2.5 Net Trade