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Why can customs unions lead to higher prices for consumers?

Although trading blocs such as the EU ( which is a customs union) promote free trade without tariffs ( taxes on imports ) within the borders of the union, it still places tariffs on imports that are external...
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Answered by Angus F. Economics tutor
2200 Views

How are inflation and unemployment linked?

The Phillips curve shows the relationship between unemployment and inflation. On the y axis is inflation increasing and on the x-axis is the unemployment rate increasing. The theory behind the relationship s...
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Answered by Angus F. Economics tutor
2475 Views

How can I find the equation of a line l which passes through the points (5,7) and (3, -1)

First thing first, we should always write down the equation of a straight line (which is y = mx + c ) as this will be important for this question.In order to find the equation of the straight line l we need ...
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Answered by Katie C. Maths tutor
10275 Views

Given that x^2+10x+3 can be written in the form (x+a)^2+b, find the values of a and b.

We can tackle this question by completing the square. Completing the square allows us to write a quadratic equation (x^2+10x+3) in the simpler form (x+a)^2+b.To complete the square, first we need to find the...
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Answered by Katie C. Maths tutor
11465 Views

‘Violent games contribute to youth violence’ Discuss.

In a world where terrorism and war feature on the six o’clock news every day, is it fair to suggest ‘violent games’ are responsible for youth violence? I would argue that while there are many reasons why a y...
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Answered by Margot H. LNAT tutor
2243 Views