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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.


•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.