4 marksBasic Keynesian Models
CAPE Economics Unit 2 · 2006 · Paper 1 · Question 5(a)
Using Keynesian analysis, draw a diagram to illustrate an inflationary gap.
The mark scheme is shown once you've answered.
Practise this questionOther parts of this question
More practice: the rest of this paper · more Basic Keynesian Models questions · all CAPE Economics Unit 2 past papers