An interesting post on Geoff Riley's tutor2u blog about falling discretionary income in the UK
http://www.tutor2u.net/blog/index.php/economics/comments/discretionary-income-takes-a-battering1/
a) Using an AD/AS diagram, explain the likely effect on the UK economy of this fall in discretionary income
b) Why might your predicted effects not actually occur?
This CH4 video shows the effect on companies as consumer incomes fall
http://link.brightcove.com/services/player/bcpid1184614595?bctid=1646218576
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment