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Specification:

  • Economic Indicators

Click to read the article below and then answer the questions:

UK economy slipped into recession in 2023

  • What is the technical definition of a recession?

  • How does the UK’s GDP and GDP per capita (per head) compare?

  • Which measure is a more accurate measure of current living standards? Why?

Ariel Slonim at MRU Econinbox

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