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GDP (output) is affected by consumption, investment, government spending and net exports. A fall in the interest rate have a varying effect upon each of these. Consumption is likely to increase as sav...

While one could go into a rather complex answer for this, for an AS level question I would split this into 3 main parts, with a short introduction and conclusion.The short introduction would outline your ...

Macro economics is the larger picture, how the economy works for the whole country or region. Micro economics examines how things work in a smaller level, examining one industry, business or group of invi...

It can be argued that gros...

There are two forms of the past tense in Spanish - the preterite and the imperfect. This explanat...