Over a million students use our free study notes to help them with their homework
Define key terms in the question:-The model of Perfect Competition describes a market where there is high degree of competition, with many buyers and sellers in the market.-Supern...
Net exports is the total value of all goods and services exported. The value of this can go up without necessarily increasing the volume of goods and services being exported, this requires a change in the...
The four factors of production are Capital, Land, labour and Enterprise/EntrreprenurshipAn easy way to remember this is with the anagram CELL.
Expansionary demand side policies focus on increasing Consumption and Investment within the economy. By increasing these components of real GDP, the economy will normally increase its' output and decrease...
A rise in consumption in the economy would cause an increase in aggregate demand. This is because the formula of aggregate demand is C+I+G+(X-M), with the C standing for consumption. Therefore, a rise in ...
←
16
17
18
19
20
→
Internet Safety
Payment Security
Cyber
Essentials
