Q&A - Is the recession at an end?
Thursday, June 11, 2009
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The National Institute for Economic and Social Research (NIESR) said that the economy grew in April and May, and is therefore likely to return to growth in the second quarter of this year. This interesting article is worth a read as it covers a number of concepts studied at GCSE.
Questions
Using the article answer the following questions:
1. State 2 points from the article which supports the view that the economy is improving. (2)
2. Explain what is meant by the term recession. (2)
3. When is the UK economy expected to be in recovery. (1)
4. State the two policies the UK government has used to stimulate the economy. (2)
5. Explain how a weakening of the pound will benefit the economy. (4)
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