Dear Lower Sixth
Please write out this answer in full.
Assess the effect on national output and prices of a sustained fall in average house prices over the last three years. Illustrate your answer with an AS and AD diagram (12 marks)
Please write out this answer in full.
Assess the effect on national output and prices of a sustained fall in average house prices over the last three years. Illustrate your answer with an AS and AD diagram (12 marks)
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