1
Q
What are the four problems measuring inflation?
A
Unusual spending habits
time lag
quality
mortgages (RPI instead)
1. Macro Eco
flashcards
Decks in class (38)
# Cards
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Problems measuring inflation1
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Characteristics of boom1
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Characteristics of bust1
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Types of government failure1
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Three assumptions of theory of comparative advantage3
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Three limitations of theory of comparative advantage3
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Advantages and Disadvantages of Specialisation and Trade3
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Characteristics of globalisation2
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Causes of Globalisation1
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Impacts of Globalisation6
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Factors influencing Terms of Trade1
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Consequences of Terms of Trade3
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Reasons for Restrictions on Trade1
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Influencers on Pattern of Trade1
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Factors Influencing Supply and Demand of Currency1
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Impact of Changes in Exchange Rate2
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Effects of a Competitive Depreciation1
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Real Exchange Rate2
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Measures of International Competitiveness5
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Factors Influencing International Competitiveness2
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Poverty3
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Inequality7
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Development14
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Development 22
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World Bank, IMF and NGOs3
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Financial Markets7
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Market Failure in the Financial Sector6
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Taxation13
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Public Expenditure10
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Areas Affected by Changes in Public Expenditure5
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Public Sector Finances4
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Impact of National Debt and Budget Deficits4
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Savings Gap6
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Problems with GDP6
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US Response to Great Depression3
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UK Response to Great Depression2
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US Response to Great Recession2
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UK Response to Great Recession2
