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A Level Economics Theme 1

0.55MB. 0 audio & 22 images. Updated 2020-12-05.
The author has shared 5 other item(s).

Description

For Edexcel but can also be used for other exam boards. Hope it helps. Taken from Quizlet.

Sample (from 106 notes)

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Front Law of Unintended Consequences
Back The actions of government, producer or consumers will always have effects that are unintended or unanticipated.
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Front Ceteris Paribus
Back 'All other things (factors) remaining the same'The assumption that all other variables within a model remain constant whilst the change is being considered.
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Front Incidence of Tax
Back The distribution of the tax paid between consumers and producers.
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