Top answers

Economics
A Level

Define the term 'income inequality'

Income inequality is a statistical measure concerned with the spread of the distribution of income amongst the population of an economy.

It can be quantified through a variety of measures...

Answered by Matthew L. Economics tutor
3544 Views

How should I answer data response questions?

Data response questions are either 4,6,8,10 or 14 marks.

The marks awarded for each type of question are:

4 marks: K=2   Ap=2

6 marks: K=4   Ap=2

Answered by Katherine S. Economics tutor
24734 Views

How should I answer 4 mark multi-choice questions?

Always start the answer by defining the keywords in the question. You can gain up to 2 marks for definitions alone.

Second, give a simple analysis of your answer. Transmission mechanisms ...

Answered by Katherine S. Economics tutor
2805 Views

Evaluate policies the government can use to increase the rate of economic growth.

Start by defining key terms

"rate of economic growth" - the annual percentage increase in real GDP, which is one of the government's main macroeconomic objectiv...

Answered by Oliver W. Economics tutor
11947 Views

How do I answer an evaluation question?

E.g. Evaluate how would a fall in interest rates effect economic growth.Start by defining the key terms - economic growth, possibly interest rates very briefly.Draw a diagram showing Aggregate Demand shif...

Answered by Tutor21256 D. Economics tutor
6270 Views

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