Edexcel Economics

Edexcel Economics Unit 2 Exam Questions and Answers 100% CorrectEdexcel Economics Unit 2 Exam Questions and Answers 100% CorrectEdexcel Economics Unit 2 Exam Questions and Answers 100% Correct Macroeconomics - ANSWER-Macroeconomics is a part of the subject that considers the economy as a whole. National income - ANSWER-(Y) National income refers to money measurements of economic activity in a country over a period of time Depression - ANSWER-A period when there is a particularly deep an...

Marginal propensity to withdraw (MPW) - ANSWER-The increase in withdrawals from the circular flow (S + T + M) divided by the increase in income that caused them (i.e. change in W / change in Y); this is the same as the sum of the marginal propensity to save, tax and import (MPS + MPT + MPM). Multiplier or national income multiplier or Keynesian multiplier or real multiplier - ANSWER-The figure used to multiply a change in an injection into the circular flow, such as investment, to f...

PEARSON EDEXCEL GCE AS LEVEL IN ECONOMICS A (8EC0) PAPER 01 Introduction to Markets and Market Failure

PEARSON EDEXCEL GCE AS LEVEL IN ECONOMICS A (8EC0) PAPER 02 The UK Economy - Performance and Policies

PEARSON EDEXCEL GCE AS LEVEL IN ECONOMICS A (8EC0) PAPER 02 The UK Economy - Performance and Policies

PEARSON EDEXCEL GCE IN ECONOMICS A (9EC0) PAPER 02 : The National and Global Economy

PEARSON EDEXCEL GCE IN ECONOMICS A (9EC0) PAPER 02 : The National and Global Economy

Marginal propensity to withdraw (MPW) - ANSWER-The increase in withdrawals from the circular flow (S + T + M) divided by the increase in income that caused them (i.e. change in W / change in Y); this is the same as the sum of the marginal propensity to save, tax and import (MPS + MPT + MPM). Multiplier or national income multiplier or Keynesian multiplier or real multiplier - ANSWER-The figure used to multiply a change in an injection into the circular flow, such as investment, to f...

Edexcel Economics Theme 2 Exam Verified Questions and Answers Rated A+