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Bliss Lam
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Decks in this class (4)
41: Circular Flow of Income
3 types of injections,
3 types of withdrawals,
Multiplier effect
24
cards
42 : Economic Growth and Sustainability
2 types of economic growth,
Define output gap,
State the phases of business cycle
25
cards
43 Employment and Unemployment
Define full employment,
Define equilibrium unemployment,
Define disequilibrium unemployment
22
cards
44 : Money and banking
Explain unit of account,
2 types of money,
Quantity theory of money
11
cards
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CIE A2 Economics
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