AQA AS LEVEL MATHEMATICS 7356/2 PAPER 2
EXAM LATEST 2026 WITH ACTUAL QUESTIONS
AND CORRECT VERIFIED ANSWERS GRADED
A+
◉Structural Unemployment . Answer: New industries develops - Old
industries removed - Old jobs loss - Workers lack skills for new
industries - Cant find work using their skills - unemployment due to lack
of skills
◉Frictional Unemployment . Answer: Workers leave job - takes time to
find a new job - unemployed time period
◉Seasonal Unemployment . Answer: Job depends on season (tourism) -
demand fall in off season - workers laid off - unemployment in certain
seasons
◉Positive demand side shocks . Answer: AD rises - firms sell more -
output and jobs rise - economic growth increases - inflation near full
capacity
◉Negative demand side shocks . Answer: AD falls - firms sell less -
output and jobs drop - unemployment rises - economic growth decreases
- disinflation - bigger NOG
, ◉Positive supply side shocks . Answer: Lower costs of production - AS
rises - disinflation - higher real GDP - lower unemployment - economic
growth increases
◉Negative supply side shocks . Answer: Higher costs of production -
AS falls - Cost push inflation - lower real GDP - firms lay people off -
higher unemployment - economic growth decreases
◉Primary income . Answer: income from investments abroad (profits) -
net inflows increase - current account surplus/deficit - affects exchange
rates and NI - AD rises/falls - Economic growth increases/decreases
◉Secondary Income . Answer: Aid from or to abroad - net outflows
increase - current account deficit/surplus - less NI - lower AD - less
economic growth
◉Injections . Answer: Investment, Goverment spending, Exports:
Increase circular flow of income - AD rises - increased employment -
increased output - economic growth increases
◉Withdrawals . Answer: Savings, Taxes, Imports:
Coming out circular flow of income - less domestic consumption - AD
falls - decreased employment - decreased output - economic growth
decreases
EXAM LATEST 2026 WITH ACTUAL QUESTIONS
AND CORRECT VERIFIED ANSWERS GRADED
A+
◉Structural Unemployment . Answer: New industries develops - Old
industries removed - Old jobs loss - Workers lack skills for new
industries - Cant find work using their skills - unemployment due to lack
of skills
◉Frictional Unemployment . Answer: Workers leave job - takes time to
find a new job - unemployed time period
◉Seasonal Unemployment . Answer: Job depends on season (tourism) -
demand fall in off season - workers laid off - unemployment in certain
seasons
◉Positive demand side shocks . Answer: AD rises - firms sell more -
output and jobs rise - economic growth increases - inflation near full
capacity
◉Negative demand side shocks . Answer: AD falls - firms sell less -
output and jobs drop - unemployment rises - economic growth decreases
- disinflation - bigger NOG
, ◉Positive supply side shocks . Answer: Lower costs of production - AS
rises - disinflation - higher real GDP - lower unemployment - economic
growth increases
◉Negative supply side shocks . Answer: Higher costs of production -
AS falls - Cost push inflation - lower real GDP - firms lay people off -
higher unemployment - economic growth decreases
◉Primary income . Answer: income from investments abroad (profits) -
net inflows increase - current account surplus/deficit - affects exchange
rates and NI - AD rises/falls - Economic growth increases/decreases
◉Secondary Income . Answer: Aid from or to abroad - net outflows
increase - current account deficit/surplus - less NI - lower AD - less
economic growth
◉Injections . Answer: Investment, Goverment spending, Exports:
Increase circular flow of income - AD rises - increased employment -
increased output - economic growth increases
◉Withdrawals . Answer: Savings, Taxes, Imports:
Coming out circular flow of income - less domestic consumption - AD
falls - decreased employment - decreased output - economic growth
decreases
