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Here you will find a rundown of the Aggregate Supply/Aggregate Demand model of the economy with both SRAS and LRAS along with a flash review game.

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•For the period April to December 2012, public sector net borrowing (excluding the capital payment recorded as part of the Royal Mail Pension Plan transfer in April 2012) was £106.5 billion; this is £7.2 billion higher net borrowing than in the same period the previous year, when net borrowing was £99.3 billion.