Quiz: How the Economy Changes Business Decisions
AQA GCSE Business 8132
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Building on what you've learned, let's test your knowledge of how the economy affects business decisions! This will include topics like interest rates, employment, and globalisation.
What happens when interest rates increase?
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Which of the following are impacts of high unemployment on businesses? (Select all that apply)
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Globalisation increases competition because businesses from {{blank0}} countries can enter the market.
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Match the items on the left with their correct pairs on the right
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What is a likely effect of a weak pound (low exchange rate)?
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Match the items on the left with their correct pairs on the right
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When unemployment is low, businesses often have to offer higher {{blank0}} to attract workers.
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Match the items on the left with their correct pairs on the right
Which of the following are benefits of acting ethically for a business? (Select all that apply)
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Which sector is most likely to benefit when consumer spending rises?
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