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GCSE BUSINESS OCR UNIT 6 REVISION

GCSE BUSINESS OCR UNIT 6 REVISION

Assessment

Flashcard

Business

11th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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46 questions

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1.

FLASHCARD QUESTION

Front

What defines economic climate?

Back

How well a country is doing in terms of income and employment

2.

FLASHCARD QUESTION

Front

What is income?

Back

The amount of money someone receives from work and assets

3.

FLASHCARD QUESTION

Front

Consumer income is...

Back

The total amount of money a country's consumers have to spend

4.

FLASHCARD QUESTION

Front

True or false: level of employment is the number of people employed in a country.

Back

True

5.

FLASHCARD QUESTION

Front

What is GDP (Gross Domestic Product)?

Back

A measure of how much a country produces in a year

6.

FLASHCARD QUESTION

Front

What is level of income?

Back

The average income of people in a country

7.

FLASHCARD QUESTION

Front

Which is true? Economic growth occurs when...

Back

GDP rises and employment rises

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