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Pearson Edexcel (A -LEVEL) Was written 2021-2022 And was updated on Jan 20 2022 Course code WAC11/01

  • Pearson Edexcel (A -LEVEL) Was written 2021-2022 And was updated on Jan 20 2022 Course code WAC11/01

  • Exam (elaborations) • 11 pages • 2024
  • Pearson Edexcel (A -LEVEL) Was written And was updated on Jan 20 2022 Course code WAC11/01 Value and volume of national income - ANS--The value of national income is its monetary value at the prices of the day; the volume is the national income adjusted for inflation and is expressed either as an index number or in money terms at the prices in a selected base year. Actual growth - ANS--Economic growth as measured by recorded changes in real GDP over time. Macroeconomics - ANS--The stud...
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