Key Facts A Level Macroeconomics 2018

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  • Created by: amyclaire
  • Created on: 03-06-18 15:28
Annual growth
1.2%
1 of 16
Quarterly Growth
0.1%
2 of 16
RGDP p capita
£30000 (79% services, 14% manufacturing)
3 of 16
Unemployment
4.2%
4 of 16
Youth unemployment
11.5%
5 of 16
Long term unemployment
1.1%
6 of 16
CPI
2.4%
7 of 16
Wage growth
2.9%
8 of 16
Current account deficit
4.1% GDP
9 of 16
Exchange Rate
£1= 1.14 euros £1= 1.37 dollars
10 of 16
Budget deficit
2.1% GDP
11 of 16
National Debt
86% GDP
12 of 16
Base Rate
0.5%
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Average lending rate
1.5%
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Supply side policy examples-
£31bn for national productivity investment fund over 5 years, investment allowance £200000, £1.7bn cities fund for infrastructure, £1bn on digital infrastructure
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Market based policy examples-
Easing planning permission for new homes, trade deals with non EU countries, devolution of power from London to local councils
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Other cards in this set

Card 2

Front

Quarterly Growth

Back

0.1%

Card 3

Front

RGDP p capita

Back

Preview of the front of card 3

Card 4

Front

Unemployment

Back

Preview of the front of card 4

Card 5

Front

Youth unemployment

Back

Preview of the front of card 5
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