Question: An increase in aggregate demand may not lead to an increase in real national income. To what extent is this statement valid? 15 mark question.

"An increase in aggregate demand may not lead to an increase in real national income." To what extent is this statement valid? 15 mark question. D - Definitions

E - Explanation

E - Examples

D - Diagram

E - Evaluation FORMAT [ESSAY BASED QUESTION] LONG ANSWERS NEEDED AS WELL AND RELEVANT DIAGRAMS!!! EXPLAIN WITH A GRAPH TOO PLEASE

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