Tuesday, 20 January 2009
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Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.
9 comments:
In my opinion, there is little space for thenprice of the necessities such as food falling down. But, as we can see from the table, the prices of most goods remain the same while others suffered a gentle decline.
It looks good.
during the deflation why there was not a decline in the cost of living? In my opinion, first of all the influence of deflation takes time to pass on to all the consumers. secondly, although there is a deflation but demand for some necessities wont change much
Under the food category, bananas have increased by the biggest percentage, nearly doubled. I guess that's because of the weakening in sterling and that most bananas in the UK are imported from other tropical countries.
I have read it
read it
a little increase in each part, will be a big increase in total. big force to households
for the weekly shopping, the demand of the most things have not changed a lot, but for fresh british beef mince which is not the necessity, the demand has go down 18.8 per cent, which is a big amount.
Got it
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