Improve Your General Paper AQ Evaluation in seven steps.
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Economic growth refers to an increase in the output of an economy, as measured by increase in real GDP. Economic growth comprises of consumption spending, investment spending….
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During a recession, economic growth will have reduced, and the central bank may implement an expansionary monetary policy to increase the level of AD. The effectiveness of monetary policy in doing so will be discussed below…
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Is a stronger currency always good? What is the paradox of saving? Economics tutor Desmond Lim shares two macroeconomic misconceptions to avoid when writing your essays.
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Economics tutor Desmond Lim shares some examples of how COVID-19’s effects on economies demonstrate aggregate demand concepts in real-world contexts.
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