as edexcel economics B theme 2 calculations 0.0 / 5 ? Economicstheme 2ASEdexcel Created by: dk_0Created on: 30-06-24 23:14 PED % change in quantity demanded / % change in price 1 of 8 YED % change in income/ % change in price 2 of 8 labour productivity total output / number of employees 3 of 8 capacity utilisation Current output /Maximum output x 100 4 of 8 balance of payments exports - imports 5 of 8 rate of unemployment Unemployed /Labour force x100 6 of 8 real national output nominal national output/ average price level 7 of 8 average real earnings nominal earnings - rate of inflation 8 of 8
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