Impact of a Current Account Deficit | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) * Summary * AD left shift * Evaluation * sign of high incomes -
Expansionary Monetary Policy | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) Monetary policy is the use of interest rates to influence
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
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
Minimum Wage | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) One policy the government could use to reduce differences in
Externalities | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) Negative Externalities in Consumption The diagram shows a market failure
Public Goods | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) Complete market failure is when there is a missing market