The IMF forecast that the average income in the UK will grow by 2,4% in 2014 and the growth rate will slow to 2,2% in 2015

• Explain the likely impact of this forecast change in average incomes on new car sales

The unemployment rate in Portugal decreased steadily from 17.5% in the first quarter of 2013 to 13.1% in the third quarter of 2014.

• Explain the likely effect of this change in the unemployment rate on Portugal's budget deficit.