Jaisul Naik - Tooting Tutors (Page 15)

18 Feb 2025 1 min read

Explain how an appreciation of its currency is likely to affect a country’s rate of economic growth. (June 2020)

Exchange rates are the value of one currency in terms of another. A currency appreciation means that the price of the currency has increased. This means that exports will become more expensive and

18 Feb 2025 1 min read

Explain how fiscal policy can be used to try to improve the supply side of an economy. (June 2018)

Fiscal policy is the use of government spending and taxation to influence aggregate demand in the economy. Aggregate demand is the total planned spending in the economy and it consists of consumer spending,

14 Feb 2025 1 min read

GCSE Maths | Ratios

Question 1 Question 2 Question 3 Question 4 Question 5 Question 6 Question 7 Question 8 Question 9 Question 10 Question 11 Question 12

12 Feb 2025 1 min read

Minimum Wage | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)

One policy the government could use to reduce differences in wages is to increase the mininum wage for low earners. This is a wage below which it is illegal to hire workers at,

12 Feb 2025 2 min read

Externalities | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)

Negative Externalities in Consumption The diagram shows a market failure (misallocation of resources) with fast food. Fast food is a demerit good as it has negative externalities in consumption. This means there is