More cards in this set

Card 16

Front

What are the the two most common methods of measuring inflation?

Back

Preview of the front of card 16

Card 17

Front

What is the difference between CPI and RPI?

Back

Preview of the front of card 17

Card 18

Front

What is a real value?

Back

Preview of the front of card 18

Card 19

Front

What is a nominal value?

Back

Preview of the front of card 19

Card 20

Front

What problems does inflation cause?

Back

Preview of the front of card 20

Card 21

Front

How does inflation cause uncertianty?

Back

Preview of the front of card 21

Card 22

Front

When do skills shortages occur?

Back

Preview of the front of card 22

Card 23

Front

What does the Bank of England do when inflation is accelerating fast?

Back

Preview of the front of card 23

Card 24

Front

What affect will an increase in interest rates have on consumers and businesses?

Back

Preview of the front of card 24

Card 25

Front

What is unemployment?

Back

Preview of the front of card 25
View more cards