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Susie Cabral
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Decks in this class (20)
consequences/causes of inflation
Demand pull inflation,
Purchasing power,
Inflation is measured using
16
cards
unemployment
Shoe leather costs,
Sustainable economic growth,
Cost push inflation
14
cards
Consequences of a rise in real GPD
Increased standard of living,
Job creation and reduced unemploy...,
Higher incomes
12
cards
macroeconomic objectives
Indicator growth,
Indicator unemployment,
Indicator inflation
6
cards
Consequences of economic growth
Higher disposable income,
Benifithigher employment,
Benefithigher profit for firms
7
cards
Aggregate demand
Aggregate demand,
Ad,
Real gdp
10
cards
Balance of Payment
Current accountwhat does current ...,
The current account is the sum of,
What doesprimary income measure
22
cards
causes and significance of current account deficits
Under investmentstructura supply,
Relitavley low productiviy caused,
Structural supplylow levels of in...
12
cards
specialisation and division of labour
Specialisation,
Division of labour,
Average cost unit cost
19
cards
aggregate supply
As indicatates,
Aggragate supply,
Sras inelastic or elastic
3
cards
economic growth
0
cards
consumption
Consumption,
Disposable income,
Marginal propensity to consume mpc
12
cards
investment
Investment,
Gross investment,
Net investmen
9
cards
government spending
The trade cycle,
Fiscal policy,
Trade cycle
5
cards
net trade x-m
Influences on net trade balancere...,
Net trade,
Exchange rates
6
cards
interest rate
0
cards
expansionary monetary policy
Monetary policy,
Expansionary monetary policy,
Expansionary monetary policy infl...
7
cards
cost push and demand pull inflation
0
cards
conflicts and trade offs
https://www.savemyexams.com/a-level/economics-a/edexcel/17/revision-notes/2-the-uk-economy-performance-and-policies/2-6-macroeconomic-objectives-and-policies/conflicts-and-trade-offs-between-objectives-and-policies/
7
cards
contractionary monetary policy
Contractionary monetary policy,
Affect on inflation,
Discourage household and corperat...
3
cards
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theme 2
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