In the early 2000s the UK economy experienced _____.
A) a fall in government spending and a decline in the budget deficit
B) high inflation which led to high unemployment
C) a current account surplus
D) low interest rates and rising GDP
Correct Answer:
Verified
Q5: When the factors of production are hired
Q6: The simple circular flow model shows that
Q7: The key policy inputs controlled directly by
Q8: Which of the following would suggest that
Q9: Which of the following entities cause an
Q11: In the circular flow model, the factors
Q12: In the early 2010s the UK economy
Q13: Leakages from the circular ?ow constitute:
A) savings,
Q14: What is meant by a trade de?cit?
A)
Q15: GDP (gross domestic product) measures the _.
A)
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