Economics 2.1: Measures of Economic Performance

A country has a GINI coefficient of 0.85. What does this say about its income distribution?

High inequality

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The level of prices for good/services has slowed to 0.5%. What is the correct term for this?

Disinflation

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What is an example of current transfers?

NATO contributions

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Which unemployment indicator uses a detailed questionnaire to calculate unemployment?

LFS

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The level of prices for good/services has slowed to 0.5%. What is the correct term for this?

Disinflation

What is an example of current transfers?

Which unemployment indicator uses a detailed questionnaire to calculate unemployment?

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