A level business edexcel economic influences
Authored by Alf Pint
Business
12th Grade
Used 256+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
If the UK Pound increases in value compared to other currencies, it has
depreciated
appreciated
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
A UK exporter would benefit from :
a stronger pound £
a weaker pound £
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Consumer Prices Index (CPI) measures the rate of :
visits to shops
online sales
inflation
interest repayments
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If Inflation rises by 5% and average incomes (wages) rise by 3% then :
the real rate of inflation = 8%
the real rate of inflation = 3%
the real rate of inflation = 2%
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Business Cycle describes :
a popular form of transport to the office
up and downs of interest rates
up and downs of economic growth
up and downs of inflation rate
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The Business Cycle measures :
GDP
CPI
OCG
GPD
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
GDP =
Great Decline Pending
Gather Data Patiently
Gross Domestic Purchases
Gross Domestic Product
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