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Economics
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What are some of the sources of unemployment?

There are many causes of unemployment. First, it takes a while for workers to find a job and it takes time for firms to find adequate workers.

Minimum wages can also increase unemployment...

GD
Answered by Galman D. • Economics tutor
1924 Views

Define the term 'income inequality'

Income inequality is a statistical measure concerned with the spread of the distribution of income amongst the population of an economy.

It can be quantified through a variety of measures...

ML
Answered by Matthew L. • Economics tutor
3880 Views

How should I answer data response questions?

Data response questions are either 4,6,8,10 or 14 marks.

The marks awarded for each type of question are:

4 marks: K=2   Ap=2

6 marks: K=4   Ap=2

KS
25787 Views

How should I answer 4 mark multi-choice questions?

Always start the answer by defining the keywords in the question. You can gain up to 2 marks for definitions alone.

Second, give a simple analysis of your answer. Transmission mechanisms ...

KS
3305 Views

Evaluate policies the government can use to increase the rate of economic growth.

Start by defining key terms

"rate of economic growth" - the annual percentage increase in real GDP, which is one of the government's main macroeconomic objectiv...

OW
Answered by Oliver W. • Economics tutor
12770 Views

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