OCR f585 extract 1 cards

Question	Answer
Main indicators of economic situation in each EU country	1. Rate of growth of real GDP. 2. unemployment rate/employment rate measures as a percentage of the workforce. 3. inflation rate i.e the annual change in consumer. 4. Balance of payments 5. state of government finances/
key roles of national central bank	1. conduct monetary policy- inflation target 2. achieve financial stability- encourage and regulate banks so that lending is safe.
economic re-balancing	changing the balance of demand, output and jobs in different parts of the economy.
economic rebalancing examples-	1. rebalancing away from consumption and imports,towards exports and business investment 2.

Resource summary

	Created by jack.miers about 10 years ago