Economics- Edexcel 2.4.1
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| show | receive factor incomes through earning wages and salaries from jobs and income from investments, buy goods and services supplied by firms
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| show | hire land, labour & capital inputs when making products for which they pay wages and rent, firms receive payments from consumers
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| governments in the circular flow of income | show 🗑
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| circular flow of income in closed economy with no government sector | show 🗑
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| show | government sector, households, firms
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| show | imports are also a leakage and exports are also an injection
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| circular flow with financial sector | show 🗑
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| income | show 🗑
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| wealth | show 🗑
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| examples of income | show 🗑
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| show | income from jobs, private pensions & interest from savings
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| show | original income + cash benefits
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| show | gross income minus direct taxes
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| show | disposable income minus indirect taxes
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| show | measures income at current prices
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| show | measures the true purchasing power of someone’s income adjusted for inflation(measured at constant prices)
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| mean income | show 🗑
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| show | income of middle household if all are ranked from lowest income to highest
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| examples of wealth | show 🗑
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| Gini coefficient | show 🗑
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| Palma ratio | show 🗑
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| S80/S20 ratio | show 🗑
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| P90/P10 | show 🗑
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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.
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Created by:
jessharris
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