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Econ paper 2

This class was created by Brainscape user connie's boyfriend. Visit their profile to learn more about the creator.

By: connie's boyfriend
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Decks in this class (6)

paper 2
Economic growth definition,
Ad equation,
Factors that increase the ad vari...
26  cards
EVALUATE THE USE OF FISCAL POLICY TO ENCOURAGE ECONOMIC GROWTH
Point one definition,
Point two definition of expansion...,
Point three draw lras diagram and...
6  cards
IMPACT OF RISE IN INTEREST RATES AND A FALL IN HOUSE PRICES ON UK CONSUMPTION
Point one the impact of interest ...,
Point two however fixed mortgages,
Point three a fall in house price...
4  cards
LIMITATIONS OF GDP AS A MEASUREMENT OF STANDARD OF LIVING
Point one gdp definition,
Point two it is used because,
Point two advantages
5  cards
Bank of England QUESTION
Point one,
Point two,
Point three
3  cards
Define the term ‘Aggregate Demand’ and explain why the AD curve slopes downwards from left to right.
Aggregate demand definition,
Real income effect,
International effect
4  cards

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Econ paper 2

  • Class purpose General learning

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