as edexcel economics B theme 2 calculations

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  • Created by: dk_0
  • Created 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

Other cards in this set

Card 2

Front

YED

Back

% change in income/ % change in price

Card 3

Front

labour productivity

Back

Preview of the front of card 3

Card 4

Front

capacity utilisation

Back

Preview of the front of card 4

Card 5

Front

balance of payments

Back

Preview of the front of card 5
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