Macroeconomic objectives - Study guides, Study notes & Summaries

2023 AQA A-level ECONOMICS 7136/3 Paper 3 Economic Principles and Issues Question Paper & Mark scheme (Merged) June 2023 [VERIFIED] A-level ECONOMICS Paper 3 Economic Principles and Issues Monday 5 June 2023 Morning Time allowed: 2 hours Materials For Examiner’s Use For this paper you must have: • the Insert Section Mark • a calculator. A Instructions B • Answer all questions. TOTAL • Use black ink or black ball-point pen. Pencil should only be used for drawing. • Fill ...

These notes cover all the concepts of chapter 15 in EKN120, namely: - economic growth - business cycle - unemployment - inflation - Income inequality

Portfolio manager qualifications - correct answer - required to be registered with the provincial securities commissions in the provinces in which they choose to operate - must obtain a CFA designation - must have relevant experience Active management approaches - correct answer 1. Top-down 2. Bottom-up Top-down approach - correct answer - look at macroeconomic variable such as GDP of various countries, interest rates, and employment rates - then look at industry, sectors or countri...

what is a policy and what is it used for? important tools for creating an appropriate environment for the functioning of economic agents (individuals, households and businesses) what is the food price dilemma? the dilemma that arises because prices affect producers and consumers in opposing ways at same time Lower prices => risk of food getting unavailable Higher prices => risk of food getting unaffordable what are the main tools of macroeconomic policy? Fiscal policy (use of re...

What is "Strategy"? - ANSWERSStrategy is a set of actions to achieve company objectives. It's a high-level plan on how to achieve objectives (often related to profitability). Company profitability is significantly determined by the: - ANSWERSIndustry structure; Firm competitive advantage (where we stand relative to other firms) Strategic choice: - ANSWERSA strategic choice has a basic structure - 1. Identify the objective or goal. 2. Formulate the alternatives. 3. Decide what consid...

MARKETING 311 Chapter 4 | Answered with complete solutions With the recent explosion of information technologies, ________. A) most marketing managers are overloaded with data and often overwhelmed by it B) most marketing managers are concerned solely about the duplication of content C) companies have ceased to feel the need for marketing information systems D) companies have ceased to maintain internal databases E) it has become more difficult and expensive to obtain primary data The real val...

Which policy is used to manage the economy using government spending and taxation? Correct Answer Fiscal Which type of unemployment is the employee expecting to be unemployed for a portion of the year? Correct Answer Seasonal A specific economic situation when price and demand rise together. Correct Answer Inflation As a business, is it best to reduce spending or increase spending in a high-inflation environment? Correct Answer Reduce As a business, which competition requires governm...

AQA A-level ECONOMICS 7136/2 Paper 2 National and International Economy Version: 1.0 Final IB/G/Jun23/E6 7136/2 Monday 22 May 2023 Afternoon Time allowed: 2 hours Materials For this paper you must have: • an AQA 12-page answer book • a calculator. Instructions • Use black ink or black ball-point pen. Pencil should only be used for drawing. • Write the information required on the front cover of your answer book. The Paper Reference is 7136/2. • In Section A, answer EIT...

AQA Economics Paper 2 - The national economy in a global context WITH QUESTIONS & ANSWERS LATEST UPDATE National income - Output method - ANSWER>>This involves totalling the value of all output produced in the economy for a period of time for each sector of the economy. Steps need to be taken to avoid double counting: for example, the output of the steel industry may be used in the production of cars and this should appear only once. For the non-traded sectors, such as state education a...

My revision planner Paper 1 The operation of markets and market failure 1 Economic methodology and the economic problem Economic methodology The nature and purpose of economic activity Economic resources Scarcity, choice and the allocation of resources 2 Individual economic decision-making Consumer behaviour Imperfect information Aspects of behavioural economic theory Behavioural economics and economic policy 3 Price determination in a competitive market The meaning of a competitive...