Economics- Edexcel 2.2.2
Help!
|
|
||||
|---|---|---|---|---|---|
| consumption | show 🗑
|
||||
| Main sources of income for houses | show 🗑
|
||||
| show | providing factors of production
🗑
|
||||
| Reward for providing labour | show 🗑
|
||||
| show | rent
🗑
|
||||
| show | interest
🗑
|
||||
| show | profit
🗑
|
||||
| show | a payment of money for which there are no goods or services exchanged, e.g. pensions and welfare benefits
🗑
|
||||
| Marginal propensity to consume | show 🗑
|
||||
| show | marginal propensity to consume
🗑
|
||||
| show | change in spending(C)/change in income(Y)
🗑
|
||||
| factors affecting consumer spending | show 🗑
|
||||
| show | income adjusted for inflation and after direct taxes and benefits
🗑
|
||||
| show | when the labour market is improving, confidence and incomes will improve
🗑
|
||||
| show | rise in wealth can increase consumer demand
🗑
|
||||
| show | house prices and share prices
🗑
|
||||
| how do expectations and sentiment affect consumer spending? | show 🗑
|
||||
| show | interest rates affect both the incentive to save and the cost of borrowing
🗑
|
||||
| animal spirits | show 🗑
|
||||
| Keynesian economics | show 🗑
|
||||
| debt financing | show 🗑
|
||||
| secured loans | show 🗑
|
||||
| show | money supported only by a borrower’s creditworthiness, rather than by any type of collateral, usually charged at a higher interest rate
🗑
|
||||
| when does saving occur? | show 🗑
|
||||
| show | saving is household disposable income that is not spent
🗑
|
||||
| show | disposable income
🗑
|
||||
| show | C + S
🗑
|
||||
| show | average propensity to save
🗑
|
||||
| show | saving ratio for households that measures the amount of money households have available to save as a percentage of their total disposable income
🗑
|
||||
| high APS | show 🗑
|
||||
| show | marginal propensity to save
🗑
|
||||
| marginal propensity to save | show 🗑
|
||||
| formula for MPS | show 🗑
|
||||
| show | real interest rate/price expectations/availability of credit/unemployment or job security/consumer confidence and expectations/taxation of savings/trust in saving institutions
🗑
|
||||
| real interest rate | show 🗑
|
||||
| show | positive interest rate incentivises saving
🗑
|
||||
| show | if consumers expect prices to fall in the future they may choose to save more now
🗑
|
||||
| how does availability of credit change the level of household saving? | show 🗑
|
||||
| show | when unemployment is rising many people save more as a precaution as job security declines
🗑
|
||||
| how does consumer confidence and expectations change the level of household saving? | show 🗑
|
||||
| how does taxation of savings change the level of household saving? | show 🗑
|
||||
| how does trust in saving institutions change the level of household saving? | show 🗑
|
||||
| show | the action of spending more than one has earned in a given period
🗑
|
||||
| show | corporate savings provide a cushion during a recession when sales and revenue fall, business savings can be used as finance for takeovers and capital investment projects
🗑
|
||||
| why is saving important? Funding investment: | show 🗑
|
||||
| show | savings can smooth consumption during tough economic times, allow people to reduce debts and are a key source of retirement income(smooth consumption over one’s life)
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
jessharris
Popular Economics sets