__QUIZ BS G10 SECTION 6

The main stages of the economic cycle are growth, ..................., recession and slump.

• peak

• slow down

• high

• boom

A government economic objective is..........................

• high inflation

• low unemployment

• high interest rates

• low employment

An import................is a tax aimed to reduce imported goods.

• tariff

• quota

• income

• direct

High interest rates will benefit...............

• borrowers

• businesses wanting to invest

• savers

• businesses wanting to expand

An increase in income tax is likely to benefit a business that produces.............

• cars

• furniture

• designer hand bags

• low cost food

A government could improve ............................and training as part of supply-side policies.

• health

• education

• police

• army

High economic growth is likely to make it easy for businesses to............................

• recruit new employees

• reduce costs

• increase revenue

• reduce imports

..................from factory chimneys reduces air quality.

• water

• steam

• pollution

• light

Waste pumped into rivers is an example of an ..........cost.

• internal

• external

• high

• low

Using ...................energy helps to make development sustainable.

• rechargeable

• cheap

• coal

• renewable