see more: archives
.jpg)
ASSIGNMENTS
18.08.2008
This means an increase in the average price level over a year. e.g. on average prices may increase by 5% during 2001.
...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
18.08.2008
• The reduction in demand for certain types of industries. These goods / services are no longer required in large ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
18.08.2008
The economy tends to experience different trends. These can be categorised as the trade cycle and may feature boom, ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
18.08.2008
This is measured by the yearly change in Gross Domestic Product (GDP). It is usually expressed as a % change.
Example ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
18.08.2008
How to reduce the level of inflation in an economy
1. REDUCE DEMAND PRESSURES
If inflation is caused by high demand th ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
18.08.2008
There are 2 main reasons why prices could increase in our economy
1. COST PUSH
An increase in costs may lead to an i ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
18.08.2008
Reducing unemployment is a key target for all Governments. High unemployment has enormous costs for individuals, bus ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
18.08.2008
Those people able to work who are without a job
HOW IS THE NUMBER OF UNEMPLOYED MEASURED?
CURRENT MEASURE (ILO SURVEY) ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
18.08.2008
This shows how money circulates in a simple economy.
Initially households spend money on goods and services produced by ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
18.08.2008
THE BIG PICTURE - KEY QUESTIONS
• WHAT ARE THE ECONOMIC TARGETS OF THE GOVERNMENT?
• HOW CAN WE AVOID A CRIP ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
