Economics | 9708 P12 May/June 2020 | Cambridge AS Level Past Year Paper Discussion | qiphyedu
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*24:30 For question 14 I mentioned the revenue peaked in 1995. However, this is actually when number of transactions peaked and revenue peaked in the year 2000 instead from both public offers and private sales, but the number of privatization transactions at that time is lower than in 1995, which is the highest year. Apologies for the confusion caused.
*31:00 For question 19 I mentioned that money supply would increase AS, but this is not the case. An increase in the money supply would result in an increase in AD as this is part of expansionary monetary policy. Therefore, the AD curve would shift to the right. Again, I apologize for any confusions caused for this question.
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