Macroeconomic effects
What Macroeconomic effects means in Economics A-Level, as defined for AQA.
Definition of Macroeconomic effects
Check what you remember
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Reference: AQA
Changes to the productive potential of the economy, shown by an outward shift of the LRAS curve.
Topics that use Macroeconomic effects
- Supply-side policies (AQA A-Level)
Related terms
- Capital investment
- Economic incentives
- Free market supply-side policies
- Human capital
- Incentives
- Innovation
- International competitiveness
- Interventionist policies
Using Macroeconomic effects in the exam
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