Quiz: How the Economy Changes Business Decisions
AQA GCSE Business 8132
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Building on what you've learned about business and its activities, this quiz will help you understand how changes in the economy influence business decisions.
What is the effect of a rise in interest rates on businesses?
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Which of the following are effects of unemployment on businesses? (Select all that apply)
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Inflation refers to the {{blank0}} increase in the {{blank1}} of goods and services.
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Match the items on the left with their correct pairs on the right
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Match the items on the left with their correct pairs on the right
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What happens to consumer spending when unemployment rises?
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Which of the following are impacts of globalisation on businesses? (Select all that apply)
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Match the items on the left with their correct pairs on the right
Businesses often reduce {{blank0}} during an economic downturn to save costs, as demand for their products may {{blank1}}.
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How might businesses respond to higher inflation?
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