Economics GCSE
Weighting
What Weighting means in Economics GCSE, as defined for AQA.
Definition of Weighting
Check what you remember
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Reference: AQA
Items are weighted according to the proportion of household income spent on them, so fuel receives a higher weight than postage stamps.
Topics that use Weighting
- Inflation and price stability (AQA GCSE)
Related terms
- Aggregate demand
- Consumer Price Index (CPI)
- Consumer Prices Index
- Cost-push inflation
- Demand-pull inflation
- Fiscal policy
- Index numbers
- Inflation
Using Weighting in the exam
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