parameters

Economic or activity variables which influence the price or cost of the activity. Economic parameters are the forecasts in the budget and forward years of various economic indicators including movements in prices, production levels and exchange rates. Activity-specific parameters, estimated by entities in consultation with Finance, refer to changes in non-economic variables such as conditions of specific activities (for example, the number of unemployment benefit recipients or the number of sole parents).

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Last updated: 13 January 2016