Economics revision
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Lesson duration is: 40 minItems in this lesson
Slide 1 - Slide
Which factor will not affect consumption?
A
Wealth effect
B
Interest rates
C
Cost of capital
D
Confidence
Slide 2 - Quiz
Explain what will happen when there is an increase in MPC?
timer
1:00
Slide 3 - Open question
timer
1:00
What is an example of a durable good?
Slide 4 - Mind map
Explain the accelerator effect.
timer
1:00
Slide 5 - Open question
Define negative output gap.
Slide 6 - Open question
Which is an example of an injection into the circular flow?
A
Imports
B
Savings
C
Interest rates
D
Government spending
Slide 7 - Quiz
What is the difference between savings and investment?
timer
1:00
Slide 8 - Open question
What is the definition of Unemployment?
timer
1:00
Slide 9 - Open question
What shifts the Aggregate Demand curve?
A
Changes in production technology
B
Changes in savings ratio
C
Changes in costs of production
D
Changes in the cost of capital
Slide 10 - Quiz
What are the four main macroeconomic objectives?
timer
1:00
Slide 11 - Open question
timer
1:00
What is the difference between real and nominal income?
Slide 12 - Mind map
timer
1:00
Give an example of an economic shock.
Slide 13 - Mind map
Define Inflation rate.
