1. Multiplier Effect and GDP Growth – Calculating the multiplier value from investment and GDP data related to the expansion of Gatwick Airport.
2. Unemployment Trends and Economic Impact – Analyzing the economic effects of the declining UK unemployment rate between 2012 and 2018.
3. Inflation and Exchange Rate Depreciation – Explaining how the fall in the pound’s exchange rate has contributed to rising UK inflation.
4. Consumer Price Index (CPI) and Basket Updates – Justifying the need to regularly update the CPI basket to reflect changing consumer habits and product availability.
5. Export Growth and Economic Expansion – Assessing the impact of increased UK exports since 2016 on aggregate demand and overall economic growth.
6. GDP Limitations in Measuring Living Standards – Discussing the shortcomings of GDP as a measure of economic well-being, particularly when comparing the UK to developing economies.
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Classification: Paper 2
Page count: 32
Viewed: 98
Last update: 5 months ago
Crash report