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The demand for a good or service reulting from or leads to the demand for another good or service.
Past material. This is by far the most effective way to earn the most marks in the exam. Utilising past papers, markschemes and examiner reports are essential in securing your A-Level success.
Different factors can shift the supply curve. It must be noted that changes in prices do not shift the supply curve, but causes a movement along the curve. In order to shift the curve, there...
Inflation is desirable when it is low and stable.
The easiest way to explain why is by outlining the consequences should inflation be either too high or too low;
You'd need to draw your pair of axes, labelling the vertical one "wages" and the horizontal one "quantity of workers". Your labour demand and supply curves should look like normal d...
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