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# Real national income questions watch

1. Hey guys,

I am confused with these two calculation questions. How about do I go to work these 2 out?

Q5

http://papers.xtremepapers.com/AQA/E...W-QP-JAN04.pdf

Q12

http://papers.xtremepapers.com/AQA/E...W-QP-JAN05.pdf

Thanks
2. (Original post by 16dan2life)
Hey guys,

I am confused with these two calculation questions. How about do I go to work these 2 out?

Q5

http://papers.xtremepapers.com/AQA/E...W-QP-JAN04.pdf

Q12

http://papers.xtremepapers.com/AQA/E...W-QP-JAN05.pdf

Thanks
for question 3
real national income means taking into account inflation.

So National income grew by 14% (adding up values) inflation 11%, subtract them gives you 3%

for question 12
the curve for short run aggregate supply is always upwards sloping to the right, whereas long run is vertical

hope this helps
3. (Original post by Secret.)
for question 3
real national income means taking into account inflation.

So National income grew by 14% (adding up values) inflation 11%, subtract them gives you 3%

for question 12
the curve for short run aggregate supply is always upwards sloping to the right, whereas long run is vertical

hope this helps
Ah, thanks for that. The question 12 bit was for the second link lol
4. (Original post by 16dan2life)
Ah, thanks for that. The question 12 bit was for the second link lol

Ah sorry, you would do 5-2.5-0.5 which gives you 2.0% so the answer would be C, less than 2.5%
5. (Original post by Secret.)
Ah sorry, you would do 5-2.5-0.5 which gives you 2.0% so the answer would be C, less than 2.5%
Thanks a lot
Much appreciated

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