Aggregate supply (AS)

Using an AD/AS diagram, explain how an increase in oil prices “could worsen inflationary pressures” (paragraph [4]).

Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.

Using an AD/AS diagram, explain how an increase in oil prices “could worsen inflationary pressures” (paragraph [4]).

Using an AD/AS diagram, explain how an increase in oil prices “could worsen inflationary pressures” (paragraph [4]).

Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.

Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.

Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.

Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.

Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.

Explain how increased investment by the government in education and training can affect both aggregate demand and aggregate supply.

Using an AD/AS diagram, explain how the construction of the China–Laos railway will contribute to economic growth in Laos (paragraph [1]).

Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.

Using an AD/AS diagram, explain how the construction of the China–Laos railway will contribute to economic growth in Laos (paragraph [1]).

Using an AD/AS diagram, explain how the construction of the China–Laos railway will contribute to economic growth in Laos (paragraph [1]).

Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.

Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.

Explain how increased investment by the government in education and training can affect both aggregate demand and aggregate supply.

Explain how increased investment by the government in education and training can affect both aggregate demand and aggregate supply.