The Influence of Disposable Income On Consumption Disposable income?is the money that?households?have left from their?salary/wages?after they have paid their?taxes?and have received any?tran...
The Components of AD Aggregate demand (AD)?is the?total demand?for all goods/services in an economy at any given?average price level Its value is often calculated using the?expenditure approach AD?...
Components of the Balance of Payments The?Balance of Payments (BoP)?for a country is a record of all the financial transactions that occur between it and the rest of the world The?BoP?has two main ...
Measures of Unemployment Someone is considered to be?unemployed?if they are?not working but actively seeking work They are part of the?labour force A?country's population?is divided into the...
Inflation, Deflation & Disinflation Inflation?is the?sustained increase?in the?average price level?of goods/services in an economy The?average price level?is measured by checking the pri...
Economic Growth Gross Domestic Product (GDP) National income accounting measures the?economic activity?within a country and provides insights into how a country is performing One of the main...
如果目標(biāo)高分，A-level和IG考試是具有一定壓力的。可是如果目標(biāo)只是PASS，就輕松很多。那么A-level和IG考多少分算過？ 官方說法，英國政府要求GCSE成績達(dá)到4或以上算過，A-level成績需要達(dá)到E。而高分過（high pa...
Government Failure Government failure?occurs when the government intervenes in a market to correct market failure, but the intervention results in a?more inefficient allocation?of resources from so...
Government Intervention in Markets Nearly every economy in the world is a?mixed economy?and has varying degrees of?government intervention Governments intervention is necessary for several reasons ...
