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Northern IrelandEconomicsQuick questions
AS 2: Managing the Economy
Quick questions on National income and economic growth - CCEA A-Level Economics AS 2
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
State the three injections into the circular flow of income. [3 marks]
What is q2?Show answer
Distinguish between real and nominal GDP. [2 marks]
What is q3?Show answer
Explain the difference between actual and potential economic growth. [4 marks]
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