4 marks
Q9 Work out household spending in 2023 from an economy's aggregate demand, investment, state spending and trade figures.
Edexcel · 9EC0 / 8EC0 / WEC11–14
Aggregate demand comes up in 12 questions across the Edexcel A Level, AS and International A Level past papers (9EC0 / 8EC0 / WEC11–14), worth 60 marks between them. They run from 2018 to 2024 and appear on A Level Paper 2, A Level Paper 3, AS Level Paper 2, International A Level Unit 2.
Tariffs run from 1 to 12 marks. The commonest instructions are Calculate (3), Identify (MCQ) (3), Assess (2). Specification points covered: 2.2.1, 2.3.2.1.
Q9 Work out household spending in 2023 from an economy's aggregate demand, investment, state spending and trade figures.
Q6(b) Examine what frozen income tax thresholds would do to aggregate demand, using Figure 4 alongside Extract A.
Q6(b) Assess how rising real wages would affect the UK economy, supporting your answer with an AD/AS diagram.
Q2(c) Discuss what determines Ghana's aggregate demand, with an AD/AS diagram required to support the answer.
Q9 Work out an economy's aggregate demand for 2022 from the given spending, investment, government and trade figures.
Q11 From 2018 data on US expenditure components, work out American aggregate demand, holding other things equal (ceteris paribus).
Q9 Oil climbed from $29.78 to $66.83 per barrel (Jan 2016–May 2019): diagram the AD shift for oil-exporting Saudi Arabia and its price-level and real-output effects.
Q6(d) Assess how a rise in consumption (Extract A) affects the UK economy, supporting your answer with an AD/AS diagram.
Q4 Using a diagram showing a rightward shift of aggregate demand, identify the most likely combination of interest rate and exchange rate changes that caused it.
Q5 From an AD and LRAS diagram, select the likeliest reason aggregate demand shifted (lower government spending; dearer borrowing; weaker net exports; higher consumption).
Q2(a) A fall in which of these would most likely push aggregate demand up? (government spending / net trade / MPC / MPS)
Q4(a) Give a short definition of aggregate demand.
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