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ScotlandEconomicsQuick questions

National and Global Economic Issues

Quick questions on Aggregate demand, supply and the multiplier: AD/AS, equilibrium and the multiplier - SQA Advanced Higher Economics

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Name the four components of aggregate demand. [2 marks]
What is q2?
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If the marginal propensity to withdraw is 0.25, calculate the multiplier and state what it means. [2 marks]

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