AO2 Flashcards
1
Q
Annual growth rate
A
1.4% (lowest since 2008)
2
Q
Real GDP per capita
A
£29,000
3
Q
Total GDP and what is produced
A
£2 trillion 79% services 14% manufacturing 6% construction 1% agriculture
4
Q
Unemployment rate
A
3.9%
5
Q
Consumer confidence
A
Weakening since January due to Brexit uncertainty
6
Q
Income tax
A
Up to £12,500: 0%
£12,500-£50,000: 20%
£50,000-£140,000: 40%
+£140,000: 45%
7
Q
Core inflation
A
1.8%
8
Q
Inflation expectation
A
2.7%
9
Q
Wage growth
A
3.4%
10
Q
Current account deficit
A
> £23 billion
11
Q
Productivity
A
19% less than the average of all GS7 countries
12
Q
Exchange rate
A
Euro: £1=€1.16
Dollar: £1=$1.30
13
Q
Eurozone economy
A
1% growth
14
Q
US economy
A
Full employment
3% growth
15
Q
Budget deficit
A
> £1.8 trillion overall
£32.3 billion 2018 (decreasing)
