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Explain the likely effects on the circular flow of income of the change in unemployment between 2013 and 2015.

(Context - a graph is provided showing unemployment falling by around 3%).As unemployment fell by 3% between 2013 and 2015, there will be an increase in money in the circular flow of income as more people...

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Answered by Sanjay S. Economics tutor
11191 Views

John wants to invest £100 into a savings account for 15 years. If he invests in saving account A he will receive 3.5% simple interest and if he invests in savings account B he will receive 3% compound interest. Which account should he choose and why?

100 + (3.5 x 15) = 152.50 100 x 1.0315 = £155.80 Therefore he should choose savings account B because after 15 years he will have gained more money through interest than in account A...

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Answered by Victoria D. Maths tutor
2437 Views

What is the difference between communicable and non-communicable diseases?

Communicable diseases are diseases that can be transferred from one person or organism to another, for example colds are spread by airborne droplets and malaria is spread through mosquito bites. Non-commu...

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Answered by Ellie B. Biology tutor
2968 Views

How can I improve my Spanish accent and pronunciation?

The most effective way to improve your Spanish accent is by practicing! Make the most of every opportunity you have to speak Spanish, whether that be with your teachers, fellow pupils or friends. Practici...

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Answered by Max G. Spanish tutor
1539 Views

What is a dynamic equilibrium?

In a dynamic equilibrium, both the forward reactions and backward reactions are still happening, but at the same rate. This means that the concentrations of the starting reactants and the products remain ...

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Answered by Ellie B. Chemistry tutor
2387 Views

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