976950
Description
Flashcards by maxemerson2014, updated more than 1 year ago
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Created by maxemerson2014
over 10 years ago
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| Question | Answer |
| Unit 4 Edexcel Economics Data on the USA | Some data that is likely to be required as part of the global economy exam that specialises on the USA |
| National Minimum wage | $7.25 |
| Corporation Tax | 25% |
| GDP growth forecast for 2014 | 7.7% |
| Budget Balance (% of GDP) | -2.1% |
| National debt | 22.4% |
| Current Account Balance | +2.3% |
| Interest Rates | 6% |
| Inflation rate and Inflation target | 2.6% actual rate and target is 3.5% |
| Unemployment | 4.1% |
| VAT | 0%-11.725% |
| Labour productivity (GDP per worker, % change on previous year) | +1% |
| Income Tax maximum rate | 39.6% |
| Investment | 12.8% |
| Global Competitiveness rank | 5th |
| Estimated output gap | 6% |
| PISA index rank | 35th |
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