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Ayo Ayinde
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Decks in this class (70)
key words and phrases
Goods market,
Gdp,
National income national expendit...
27
cards
circular flow of income
What are the 4 factors of production,
What are the 4 factors of product...,
Where does national income come f...
8
cards
employment and unemployment
What is structural employment,
Cyclical employment,
What is voluntary employment
19
cards
inflation
Inflation definition,
How do you measure,
What are the three primary causes...
22
cards
consumption
What does ad,
What does everything,
The things that affect consumption
14
cards
application
What happened in september 1992,
What happen in 2002,
What did the monetary policy comm...
7
cards
durable goods stuff like that
Durable good defo,
Semi durable good,
Non durable good
6
cards
investment
Investment essay explain
1
cards
government spending
What is the debt now for government,
What is ghost tax,
What is the finial deficit
7
cards
net trade
Do england import or export more,
Real income,
What effects trade
4
cards
aggregate supply
What causes sras changes,
What is regressive tax,
What effects how much you can supply
5
cards
BOP
What is a balance of payments,
What is the current account,
What is the financial account
11
cards
supply side polices
What is meant by the term supply ...,
What is the objective of supply s...,
What are the 2 approaches to supp...
33
cards
interest rates, qe and monetary policy
Define interest rates,
What are the benefits of quantita...,
What happens to house prices as i...
25
cards
demand side policy
What are the two demand side poli...,
How can monetary policy boost agg...,
What is meant by tight fiscal policy
35
cards
exchange rate and deficit
How are contractionary fiscal pol...,
What is meant by the term budget ...,
What happens to the exchange rate...
20
cards
model answers fiscal policy
Expansionary fiscal policy,
Expansionary policy 2,
Contractionary fiscal policy
3
cards
shocks
Shocks,
Mepo
2
cards
events in the economy
The banking crisis of 2008 causin...,
The banking crisis of 2008 causin...,
A rise in the price of crude oil ...
4
cards
review 1 theme a
Outline the difference between bu...,
Outline the difference between de...,
What compost of the ups current a...
18
cards
MEPO FLASH DID WELL
What happens to wages when there ...,
When there is a labour shortage w...,
What does low unemployment or red...
13
cards
review 1 continued
Opportunity cost,
Explain the difference between ca...,
Net immigration
26
cards
very good terms
Growth recession,
High inflation environment,
Low inflation environment
3
cards
exam paper 2 6B late
Define the term national income,
Injections,
Define the term purchasing power ...
14
cards
globalisation
Characteristics of globalisation,
What factors have contributed to ...,
What are 2 strengths of globalisa...
28
cards
Traffis/retaliation/protectionism
Why might a government restrict f...,
What are quotas,
What are 2 other kinds of restric...
14
cards
trade
What is the pattern of trade,
What 4 factors influence the patt...,
What does the terms of trade measure
21
cards
bop year 2
What does the financial account i...,
Causes of deficits on the current...,
Causes of surpluses on the curren...
14
cards
exchange rate year 2
What are exchange rates,
What are the 2 main types of exch...,
What is a floating exchange rate
17
cards
clompwtitivwness exchange rates
Why might a country competitively...,
How can governments attempt to ma...,
What is the impact when the value...
18
cards
model answers international trade
Addition of a traffi,
Explain how a fall in the uk base...,
Explain how a currency depreciati...
7
cards
international trade key terms
International competitiveness,
Unit labour costs,
Free trade areas
14
cards
review week 3 work
Ppp,
Aid,
Using the classical long run aggr...
21
cards
public debt and shit quick learn
What is the total amount that the...,
3 types of public expenditure,
Capital expenditure
13
cards
laffer curve
Draw and explain the laffer curve,
What impact will an increase in t...,
What impact will an increase in t...
14
cards
fiscal and monetary affect debt
What are the two types of fiscal ...,
What is demand management,
What is the impact of expansionar...
19
cards
4.3.3 Strategies influencing growth and development
Strategy 1 trade liberalisation i...,
However strategy 1 trade liberali...,
Strategy 2 promotion of fdi forei...
16
cards
Limit 2: savings gap
Limit 2 savings gapinfluence on e...,
Determinants of savings ratio,
Determinants of capital output ratio
6
cards
Gni gdp and ppp all those stuff
Economic development,
Gdp gross domestic product,
Gni gross national income
12
cards
A summary of the different levels of economic integration
Eliminate trade barriers,
Common approach to external trade...,
Freedom of movement of factors of...
18
cards
macro perfect kaa some examplwes
The economic effects of depreciation,
The lorenz curve less inequality kaa,
The lorenz curve becomes more ine...
3
cards
negative output gap and minimum prices
Negative output gap,
The market is initially in equilb...,
Maximum prices
3
cards
review sractiom A
With reference to the chart on th...,
Automatic stabilisers definition,
Discretionary fiscal policy
19
cards
Kuznets curve
Axes of the curve,
The kuznetsk curve
2
cards
J curve
Evaluation of a depreciation the ...
1
cards
Up learn first attempt
Explain one likely effect on the ...,
Examine why teh us fiscal deficit...,
Examine why teh us fiscal deficit...
6
cards
tutor 2u review 1
With reference to the harrod doma...,
Explain the difference between th...,
With reference to the concept of ...
36
cards
poor infrastructure
What is the likely impact of poor...,
What is the likely impact of high...,
Which of the following shows a li...
14
cards
poor fdi
Fdi stands for which is an invest...,
How will an increase in productiv...,
A country can promote fdi by eith...
13
cards
healthcare poor
How many people in kenya have an ...,
Two important reasons for poor he...,
How does working when ill affect ...
13
cards
harrod domar model
Harllod domar,
Explain the arrows,
Very low savings ratio is difficult
9
cards
low savings
There are two main reasons for lo...,
A savings gap is when there is a ...,
Which of the following best descr...
17
cards
corruption
Corruption is when people working...,
How much money has gone missing f...,
What is corruption
9
cards
landlocked
Being landlocked substantially,
Globally it is estimated that the...,
Countries are landlocked if they are
13
cards
infant indruistirs
What is an impact of low producti...,
What are internal economies of scale,
Brazil s tobacco industry is huge...
25
cards
the orginasiations
World bank,
Imf,
Ngos
4
cards
KAA development
Development,
Savings gap,
Harrod domar model
5
cards
primary product
Oil is a primary product and the ...,
Bananas take approximately 9 to 1...,
Complete the following statement ...
9
cards
buffer stocks
What will happen to the equilibri...,
What will happen to the equilibri...,
Which of the following shows the ...
6
cards
wage price spiral
Wage price spiral answer
1
cards
application uk eocnomy
Summarise the supply side challen...,
Summarise the current growth situ...,
List three potential policies nee...
6
cards
application inflation uk
Summarise the recent inflation si...,
Using the current inflation conte...
2
cards
uk application employment
Summarise the current uk employme...,
Use the changes to the participat...
2
cards
market rigging unlearn
Which of these is most likely to ...,
Which of the following explains w...,
Our fifth example of financial ma...
3
cards
market failure finical
Complete the following statement ...,
Which party knew more in the tran...,
Complete the following statement ...
17
cards
cramp paper
Structural employment,
Frictional unemployment,
Trade unions eval
12
cards
supply side effects shock
Kaa,
Evaluation
2
cards
finical markets questions
Explain two roles of finical markets,
Explain the impact of foregin own...,
Explain the difference between a ...
6
cards
banking roles
Complete the following statement ...,
Complete the following statement ...,
What is the name of the strict se...
4
cards
eval inflation and employment
Structural employment,
Frictional unemployment,
Trade unions eval
3
cards
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